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Old 01-26-2008, 03:44 PM
Bob
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Default Re: W.R. Hambrecht reiterates 'Buy" on Apple, ups target price was Re: Bad night....

4phun <vic.healey@gmail.com> amazed us all with the following in
news:8f406558-6ef8-4497-8362-db1a6308d84c@n20g2000hsh.googlegroups.com:

> On Jan 22, 10:51 pm, larry <no...@home.com> wrote:
>> "More than $40 billion in shareholder wealth has vanished since the
>> end of December, when Apple's stock hit its 52-week high of $202.96."
>>
>> Apple's down over 11% from closing to 8PM, tonight!
>>
>> Bad night......fasten seat belts.
>>
>> Return tray tables to full upright position.
>>
>> Stewardesses secure the cabin. Turbulence ahead....
>>
>> The captain.
>>
>> PS - Where's the big 4phun announcement of Apple News??
>>
>> He must be talking to his broker, eh Vic?

>
> W.R. Hambrecht reiterates 'Buy" on Apple, ups target price
> Wednesday, January 23, 2008 - 04:29 PM EST
>
> W.R. Hambrecht analyst Matthew Kather has reiterated his "Buy" rating
> on Apple Inc. (AAPL) and raised target price from $203 to $218.
>
> In a note to clients today, Kather advises using Apple current drop in
> price "to patiently accumulate shares" ahead of new products,
> including the 3G iPhone expected in May-June 2008.
>


Down another $5.59 on Friday, (another 4%). Down $73.26 in less than a
month (36%). Apples continues to rtrend negatively against the
competition. Reports of poor guidance, many "missing" iPhones, nothing new
in R&D to spur sales, and a drop in US PC marketshare ranking. They might
be able to recover from one of these conditions, but not all four.

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