These three stocks are the gems of the Nas , do any of you feel these stocks will settle down and trade in a real world. Not only this but Facebook is ready to launch and I believe it may easily pass $100 on the 1st day of the ipo.
These three stocks are the gems of the Nas , do any of you feel these stocks will settle down and trade in a real world. Not only this but Facebook is ready to launch and I believe it may easily pass $100 on the 1st day of the ipo.
You know what "IPO" really stands for don't you??
It's Probably Overpriced
T R Price Media and Telecommunication fund's largest position is Apple (> 6% of the fund) .......
it also has TRP's largest block of Facebook which is a top 25 position in the fund (3%) ......
that's as close as I am going to be able to get to these 2 anytime soon .....
Don't know about google or priceline but Apple still has a whole bunch left to go....
Maybe 700 by the end of the year.....
I sold last week as I reached my set goal and even then did not thnk Apple would be at 600 until the end of this year. With today's announcement the stock sure surprised me. Left money on the table but a 7 figure profit sure can't be laughter at. Still hold 187 shares of the 1,942 that I had purchased over the last years.....
The 187 was the last buy at 134+change.... I'll sell them at 1000.00. :-)
Thanks....
Never thought in my wildest dreams that buying an Apple II in 1987 for my elementary school kids would lead to this. From just trying to locate user groups online (in the mid 90's) for computer help, to morphing into a investment group explaining the ups and downs of Apple, I have to look back and see how fortunate I was. What luck it was to see some very smart investment board people explain the hidden and unknown value that Apple was growing to be.
Thanks again, and now to enjoy a carefree retirement. Hope the 99 percent aren't too upset with me. LOL
Can't wait to say to my grand daughter. "Honey, what college do you want to got to".
Feel bad that I had to be more restrictive to my two children...
its ironic how Jobs had to come back and move them away from their traditional computer background for all this to happen......
congrats and be careful what you wish for because some colleges will eat into more than half that 7 figure profit if you are sending 2 of them and of course the government wants theirs......
the last I read there were 113 colleges that were over $50K per year .......
What do you mean 'real world' or 'come back to earth'? Do you think that Google and Apple are overpriced? Is a 15x or 20x multiple overpriced for these stocks? Or are you just going by the actual stock price and not the valuation? What do you think of BRK.A shares, which closed Friday at $122,170/share?
AAPL may have gone straight up the last few weeks but it is hardly overvalued.
I will wait for Facebook to IPO. Hope I get in as MSDW has the offering. If not I will buy on the open at the open. I will buy as much as I can and even sell some very good stocks the day before to be sure I can have many shares. If the stock opens at $45 or even $85 it will triple in a month. This is my call, now let us see how wrong or right I will be and I will put my money where my mouth is.lol
Priceline may be a buy now. After a $200 loss in price. It may be worth a buy.
Google seems to be a bit more entrenched in the communications field, which is the only way to sustain profits. Most Internet based businesses will either die or merge with comminication companies, in my opinion. The web world moves to fast for any one company to last long, relatively speaking. Amazon.com makes it because they deal in real world items. Priceline.com, etc., will be pushed aside by the next big thing. There will always be newer and better ways to book trips.
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