[Osx-nutters] Apple stock going down

[Ryan Waldon]

I just picked up some more shares at $111.62

--ryan



On 8/16/07, Patrick Coskren <pcoskren at mac.com> wrote:
>
> On Aug 16, 2007, at 4:12 AM, Fabien Roy wrote:
>
> > In a month it went down from $140s to $119.
> > Are the new iMac a flop? Or just a general trend on the market?
>
> I'd say a general trend in the market, combined with the fact that
> Apple's just a more volatile stock.  Most of their fall has been in
> sync with a fall in the overall market due to failing mortgage
> lenders.  Combine spooked investors with the fact that the Apple's
> had the sort of run that encourages people to cash in, and I think
> that pretty much explains it.  I don't think there's anything wrong
> with their fundamentals, and I haven't seen any negative press about
> the iMac.
>
> -Patrick
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