Re: W.R. Hambrecht reiterates 'Buy" on Apple, ups target price was Re: Bad night.... Bob <nospam@bob.com> wrote in news:Xns9A316326DCC1Ebob@216.196.97.136:
> 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.
>
The investors must have been much less impressed with Macair than the
fanboiz.
Maybe they thought it should have a changeable battery, too! |