Re: Can Apple Withstand the Fall of the Financials?

artman1033 — Tue, 09 Sep 2008 20:54:21 -0000

Here is what I wrote on the AFB last Saturday,
"Freddie and Fannie this week.
IMHO, THE COMMON stockholders (value up to $8 billion) will be worthless. The preferred shares (value $35 Billion) will be diluted perhaps up to 90% by the new debt offering.

The preferred holders, Citi, perhaps Mer,BAC,GS and other banks will take a hit on Monday, causing the overall market to tank.

From all indications, Apple is doing great. Peter suggested in the Citi tech conference that mac sales are still great. The 3g iphone is doing well.

But the overall market stinks. Most mutual funds are down for the year. Retail investors may be reallocating their investments in mutual funds. Many pension funds make investment decisions only 4 times a year.

I say $155-160."

See here http://www.macobserver.com/forums/viewtopic.php...

Re: Toni Sacconaghi Hit Job on Apple’s iPhone

artman1033 — Thu, 19 Jun 2008 22:21:10 -0000

Toni the tool!
Hey Ernie! Watch out you are getting groupies!

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Re: Can Apple Withstand the Fall of the Financials?

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