Apple drops 7.63% on Friday Jan 4th '08 and another 0.01% after hours.
Reading about apple's likely products for 2008, the upcoming Mac World event tied with earnings announcement and a possible fed rate cut, I think aapl is a buy under $170.
Note that aapl stock had approx 20% corrections in Aug and Nov 2007. Its around 10% with correction in Jan 2008. Hoping for another $15 dip. I believe price is going to @ $225 by March '08. Any thoughts?
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2 comments:
AAPL is a good stock, but since the overall market outlook is shaky, I'd wait for market to give me a better entry point under $160.
Estimates
AAPL hits an intraday low of 156.70 today.
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