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+ This pick is a response to an analysis by wtsantos ...

10 pts

Opinion on  Apple Computer Inc (AAPL)     Sector: Technology  >  Industry: Computer Hardware
Bearish on AAPL ...

Feb 01, 2008 08:15 PM UTC

Apple has a huge P/E of 29, while at the same time it will never ever pay dividends. Eventually, Sony or someone else will come up with a better jPod, and the hype surrounding products like the jPhone will die down as people realize that they aren't worth their price tag, especially during a potential recession.

Good Luck,
~~~~Shane Halloran.


Update 03/08:

Hi, a new blog entry explains why I'm currently shorting major tech stocks (GOOG, AMZN, AAPL, EBAY): http://shanehalloran.wordpress.com/2008/03/08/whooogle/ .


AAPL:  This call was made on 02/01/08 @ $134.07001
Rating:   Negative   $134.07001 (02/01/08)
Gain/Loss:   +34.80% in 305 days


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Who voted on this idea?
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Thomas George 18% 06/13/2008
Altaire FOUR 26% 02/03/2008



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shanehalloran.wordpress.com previously rated AAPL
Negative +5.33% Bearish on AAPL ...
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