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Comments
Yes, it is called imagination !!
2013 LX 570 2016 LS 460
Thank you for telling me to stick with it... because it definitely tried to spook me within 48 hours of buying it. Now, all is good, of course... until the next hit, but I will never sell it. Still only have a little over $100,000 (200 shares).
If/when the stock takes the next big hit, I will buy more. I can only wish I never sold the huge holdings I had last year. Wow. Oh well. At least I'm in it now.
By the way, the Energizer Bunny used to be the Duracell Bunny!... but many years ago the Duracell company let their trademark expire, and Energizer took it over. Consumers were confused for years.
TM
Thank you for telling me to stick with it... because it definitely tried to spook me within 48 hours of buying it. Now, all is good, of course... until the next hit, but I will never sell it. Still only have a little over $100,000 (200 shares).
Well TM. I did the unthinkable a few minutes ago. I actually sold 20 shares on the E Trade accounts and 20 on the broker account at about $532.10. The stock soared again this morning on the news that Ipad3 will be unveiled late next week and it will come with 4G LTE. The battery life will be about the same as in the present iPad.
I probably did the wrong thing by selling a few shares, but I am thinking it will be a case of "buy the rumor and sell the fact". My thinking is that if it sells off to the low $520's I will buy the shares back. Or, heaven forbid, if it rallies to $540 without any significant pull back, I will be forced to also buy the shares I sold this morning back. I hope I did the right thing. Len is going to "kill me"! I still very much see this stock going to at least $700 and probably $1000 in the next year or two.
I only wish I did that last year. I would have made 6-digits in profits, multiple times over!
The iPad3 rumors are flying this morning. Lots of retractions & updates.
TM
You know my opinion. It's penny wise and pound foolish to play with this stock for such small gains. You can get a $40-50 pop in this stock at once and be mad as hell at yourself for playing that game. It the company wasn't so undervalued by every pricing valuation I can think of I'd feel differently. That game of selling and buying back works much better with over-valued stocks like Amazon. I have done nothing but hold it since $160 (except I bought a lot more at $304) and remember I was in at $84 and a damm stop loss kicked in at $128 while I was on vacation. I'm still kicking myself over that one. The stock had risen to $142 and so i put the stop loss in at a 10% decrease and the whole market sold off for the usual stupid rumor reasons.
Two interesting things I gleamed from todays NY Times. The first is a story about how Tokyo was almost evacuated in last years nuclear crisis. What a humanitarian and financial disaster that would have been. The second is an ad on the back page of the main section for the Motorola Droid Razr Maxx from Verizon. In the ad it says Motorola is giving up to $200 back on purchase. I thought about the iPhone 5 and how Apple could do the opposite and charge $100 or $200 for just accessing the chance to buy it and how people would line up outside an Apple store to get it. The growing customer base to Apple and the retention of loyal customers the company has is priceless.
http://www.nytimes.com/2012/02/28/world/asia/japan-considered-tokyo-evacuation-d- - uring-the-nuclear-crisis-report-says.html?_r=1&scp=1&sq=japan%20weighed%20evacua- - ting&st=cse
YES! I learned this lesson about not getting picky with AAPL very well. But, I thought I would sell just a fraction of my shares and see what happens this time. More than likely, I will be buying them back higher as it now looks. This stock is like a freight train.
For anyone not familiar with Quantm Mechanics the Shroodinger cat is a good place to start if you want to understand the weird physics behind it. It's almost magical as a particle can be in any state and any position until it is measured or seen and then it's in a fixed state. The only thing that puts it in a fixed state is our observation. Otherwise it remains in any state and any position. A cat can be dead or alive. A sub-atomic particle can be anywhere in the circumference of an atom. Hacking a quantum computer will be impossible because the codes in it will be infinitely random. I've also read that computers powered by quantum mechanics will be millions of times faster and more powerful than the best computers today.
http://www.youtube.com/watch?v=IOYyCHGWJq4
http://physicsworld.com/cws/article/news/2815
Len, I am not disagreeing with anything you stated about AAPL. In fact, you are basically preaching to the preacher. I sold those few shares this morning but it was probably a mistake. I just felt compelled to take a little profit with the HOPE that I could buy them back cheaper. But as I stated, even on my original post above, I may have to buy them back at a higher price. Oh well. The good thing is that I just sold a FEW shares.
I also love reading about cosmology. However, unlike myself, you have a very good understanding of quantum mechanics. Speaking of cosmology and quantum mechanics, I just read a brand new book by the famous physicist, Lawrence Krauss called " A universe From Nothing; Why There Is Something Other Than Nothing". I highly recommend it even though the author is an atheist. In addition to being a top particle physicist and cosmologist, He is truly an great writer. He writes it in a way that most of us can understand. You can order this book from Amazon at about $15.
Charlie, this is in effect what Susskind believes:
http://www.infidels.org/library/modern/mark_vuletic/vacuum.html
http://online.wsj.com/article/SB10001424052970204653604577251351969036754.html?r- u=yahoo&mod=yahoo_hs
Here is some video for an overview of the IBM work and the experiments they are running.
IBM scientists discuss quantum computing breakthrough
I knew there was something in nothing! Every time I ask my daughters "What's going on", they keep telling me "Nothing". Ha!
Now I'll spring the Shroodinger cat video on them!
Regards,
OW
BTW - I get an answer of I don't know instead of nothing from my son and daughter 99 out of 100 times. This answer is so routine around my house that the other day I asked my daughter if she wanted a million dollars and she answered "I don't know". But when i asked her if she wanted an iPad I got a resounding yes.
Charlie,
It's pushing toward $540 after hours. Up to $536.40.
A while back when I was talking about `photon`, you were the only one who grasped the significance of what I was talking about......Interesting, but I wonder the relevance? Tony
http://www.minyanville.com/sectors/technology/articles/apple-ipad-3-android-tabl- et-ipad/2/29/2012/id/39662?camp=syndication&medium=portals&from=yahoo
I certainly hope the Apple TV blows everybody out of the water just like all their other products have done to this point.
I also bought more shares at around the same price. Not because I sold any, but just to add a little to my position. I purchased 25 more shares, and now own 225 in total. I am happy to be holding a moderate position, and keeping plenty of cash on the sidelines... especially if AAPL takes a significant dip, because I would much prefer to add to my position on a dip. The two reasons I added those shares this morning was because the price retreated a little off its high, and because I think the iPad3 is going to be a smashing success.
On a seperate note, the condo investment has been a pain in the [non-permissible content removed] so far. I know this is only temporary, as I have to get a number of things accomplished to get it ready to rent, and a few of them are much more challenging and difficult than I had expected. Of course there are a couple of problems that were not disclosed, and that always ticks me off, but so far they are more of a nuicance that I am fortunately able to solve. That said, if everything else goes according to schedule, I should be completely finished with all the repairs/improvements/upgrades by next Monday, and I can breath a sigh of relief.
TM
You are definitely using the right approach.
On a seperate note, the condo investment has been a pain in the [non-permissible content removed] so far. I know this is only temporary, as I have to get a number of things accomplished to get it ready to rent, and a few of them are much more challenging and difficult than I had expected.
It always seems like these types of transactions never go as smooth as they first appear. I have great confidence in you that you will get all this straightened out.
More importantly, I am very happy to hear that your wife is now feeling a lot better.
http://www.nytimes.com/2012/03/01/technology/apple-and-microsoft-make-computers-- - - - more-phonelike.html?_r=1&ref=technology
You sir are a very smart guy. But I have already told you this on numerous occasions.
The highest all time market cap is Microsft which was valued at $650bln back in the internet bubble. Apple is 30% from that. The huge disconnect is Microsft was trading at 60X PE, about 4X greater than Apple's current PE when it reached that lofty level. So Apple has legs of steel while Microsoft at that time was sitting on fluff.
I already bought Microsoft back at $25 and change and am thinking about loading up more. The XBOX is also a wild card in this and if they can allow for xbox live from a phone Microsoft will be golden. But the bottom line is Windows is so comfortable for people that they want phones and tablets that are windows based. I see Google as odd man out here but they have little cash coming from anything droid anyway. Their problem is they can lose mobile search to Bing and then have that carry to the desktop. Their counter with google apps is weak. Ultimatelely the op system is more powerful than most people realized.
Len... I've posted my perspective about this in the past. At the time, I suggested that Intel as well as Microsoft were strong sleeping giants. I also more recently mentioned that I sat next to a guy on a recent plane trip over the Christmas holiday, and he was in the computerized game development business. He had already seen Windows 8, and said it was very impressive. In fact, he even raved about it.
With regards to XBox... I have also posted about this before, and I believe it is a huge treasure for Microsoft and I have little doubt that it will be strategically integrated more and more on an ongoing basis.
If I was in the stock market beyond AAPL, I would not hesitate to buy MSFT at any reasonable dip. BTW, Microsoft has just officially released Windows 8 for Consumer Preview, and it's been downloaded over 1 million times already... in just one day!
TM
I remember that well. I think the XBOX is a rich resource in its consumrer base and the games themselves. But I think the op system is the real asset here in that Microsoft and Apple can link everything with that. It'll make everything intuitive for the consumers and businesses that have adopted either format. Google has no home base while the markets are (and from what I've read in polls so are the consumers) waiting for them. Windows 8 and the new windows phone are two big steps in that direction. Plus all of this solidifies Microsfts two biggest assets - the PC op system and Office.
I personally think that no matter how good Windows 8 is, it isn't going to hurt Apple. People just don't think of Windows for mobile devices, with exception of notebooks. IMO, the tablet and smartphone market belongs to Apple, even though Android has the percentage, it must be recognized that Android sales are divided between MANY different hardware devices.
When Windows 8 shows up on smartphones and tablets, it will probably dent Android more than Apple. So, Google takes the hit from Window 8. The reason I say this is that there are two camps. The first is the Apple camp, and the second camp is "everything else". Windows 8 is in the "everything else" camp, so that means camp 2's pie must get divided into smaller pieces, and ultimately that means Android (not Apple) takes the biggest hit from Windows 8.
With regards to Office... Microsoft's Office products will surely be engineered soon to run directly on Apple's iPad as an official application, not as that very cool "work-around" application that you posted recently, which used a cloud server to run Office remotely. And, expect Office applications to run on Android devices as well. This is a no-brainer, AFAIC. Microsoft would be foolish to withhold Office from running on all platforms... by making it universally available it would continue to be the defacto office application.
In the end, I see a good bump for Microsoft stock due to Windows 8's upcoming release, and because Windows 8 will be like the old XP, in that it will likely be a "solid" OS that many will adopt or upgrade to, and hold onto.. as well as the expansion of Office, and XBox, of course.
But, in the long run... I honestly think Apple will continue to take more and more market share, and there is practically NOTHING Micrsosoft can do at this point to stop Apple's momentum.
I believe that the MOST significant thing that can stop Apple at this point is Apple itself. IOW, if they shoot themselves in the foot somehow... which is always possible with giant-sized companies... but I think it's unlikely with Apple. I think Steve Wozniak is correct... $1000 / share price is not out of the question. Certainly and easily $750.
TM
No doubt! I believe both Len and I were in agreement with the article Len linked. Apple is in a league of its own but as you had posted long ago, watch out for MSFT. Now that they are coming out with the highly anticipated Windows 8 and a few other products down the road, it could very well be that MSFT could have a nice run. So, I was wondering if I should buy say about 500 shares with the thinking that the stock will reach $50 in the not too distant future.
You are preaching to the preacher about Apple. I don't have much doubt that it will reach at least $750 and possibly $1,000 in the next year or so. I am looking forward to the iPad 3 in the next week or so and eventually the iPhone 5 probably next fall.
Hopefully it improves dramatically over Win Vista and Win 7. I stripped Win7 Pro off this machine and reloaded Win XP Pro. Much faster and the filing system is not so messed up. MS is so bad I have considered switching to Apple. :sick:
Yes, I posted that, and I also posted some warnings about the way Google's Android OS was making a big dent in the smartphone market. Since that time, Android has increased its market share, and they are in the process of releasing a compelling upgrade, known as ICS (Ice Cream Sandwich), which has very favorable reviews.
However, since then, there is a shift to part of my perspective... and as I explained in a prior post yesterday, I now see TWO camps. The first camp is the Apple camp, and the second is simply the non-Apple camp. Microsoft would therefore fall into the second camp. That means that I believe that Microsoft's impact to the market will be greater against Android than Apple. This is different than my earliest posts about Microsoft, and it is an important distinction.
So, with regards to your questions about buying the stock, which was how this came up again... I have not changed my view. I still believe the company will profit as a result of the Windows 8 product launch campaign... however, if I were invested in MSFT, I would not be invested very-long-term..., I would sell a portion of the shares at a future date after reasonable gains were realized from the Windows 8 results, because Microsoft is in that second camp, and I do not believe anyone in that non-Apple camp can take on Apple in the very long run... provided Apple does not shoot themselves in the foot, as sometimes happens with gigantic companies.
On a somewhat seperate note... I really think that Apple had better introduce a smaller iPad form factor, in the nieighborhood of something that will compete with the 7" products. Many consumers really like, and even prefer, the 7" tablet. It would be stupid for Apple to ignore this. By offering a 7" iPad, they would circle their wagons against the competition. I was pleased to read a recent rumor that such a smaller iPad is a possibility, but there's been no further reports. Let's just hope it's true. I am totally convinced that Apple should offer a 7" tablet. Anyway, that's just how I see it, but I'm sure Apple knows best.
TM
Also... for better or worse, I bought 25 more shares this morning at what was the session low... although the day is not done, of course. I now own a total of 250 shares... not a whole lot, but I am slowly building. Of course, I will buy larger amounts if the stock takes a big hit.
TM
I don't know how many of you were watching CNBC earlier this morning when they were interviewing an analyst from Toronto concerning his take on AAPL. I was dumbfounded listening to this guy (Ed Zabitsky is his name). Of all the major analysts out there, there are something like 43 who recomment a "buy", about 3 that say "hold" and one who says "sell". Yes, you guessed it. Mr. Zabitsky is the one that has a "sell" recommendation. The worst problem is that he has had a "sell" recommendation since the stock was valued at $270. How moronic is that? How in the world can his company still be in business?
http://www.cnbc.com/id/46589545
Wow! The stock has literally gone up 100% (doubled) from the $270 point when Mr. Zabitsky recommended to sell!
I agree with your question... "How in the world can his company still be in business?" Or at least, how does Mr. Zabitsky still have a job? :surprise:
TM
I`l address this to those that use Microsoft....I use to also...
....My wife`s older dell needed to be updated, so I took on the miserable task....It`s older and slower, but not nearly as it use to be....Man what a bunch of poor memories this task brought back, and the frustration to boot....After an hour or more, it finished updating itself,only to then need to be re-acclimated to the wireless server....Of course it didn`t do such........This is an example of why so many people are so loyal to Apple...I won`t ever consider another type of device...Just an easy to use, all around .dependable computer and the iPad is just a marvel ...Microsoft may make some money for those that buy it, but I personally have to believe in the produce before investing....Apple all the way....Tony
Your post reminds me of a serious computer problem we experienced about 5 years ago with the Microsoft network at my company. It was a total nightmare.
An internet intruder penetrated our Microsoft firewall as well as Symantec's security software and dumped a nasty virus that took down every one of our Windows workstations as well as our main server. Our Apple workstations were not affected, but the vast majority of the computers and the main server ran on Microsoft's operating systems.
At that time, I had 25 years of massive and critical data to protect, and I had to restore every single workstation PC, and then rebuild the network in such a way to make it nearly impossible for an intruder to penetrate into our system ever again.
It took a solid month of painstaking work to carefully cleanse and restore each computer, the main server, and rebuild the network so the computers could share data between each other as well as the primary data server and three print servers. I structured the network with as much protection as possible. I isolated our corporate email from our primary data server by creating an independent email server. I placed strong security protocols in place, and stronger firewalls as well as switching out Symantec security software in favor of Network Associates security software. It was a horrible experience that I never want to repeat.
So, it's understandable that people are totally fed up with the frequent problems associated with their computers that run on Microsoft's operating systems. The negative reputation that Microsoft has earned due to sooooo many issues, makes Apple the obvious alternative.
TM
Do you remember--long ago--how reliable the telephone company use to be--in my case BellSouth....It never broke, and although sometimes the connection wasn`t the best, it still was O K ? If by chance a big storm came along and knocked the line down, that was almost a shock not to hear the dial tone.
Why I mention this, is that eventually I figured out it wasn`t necessarily Microsoft`s fault all the time, but equally the server or the line , or something gone wrong in the switching devices of the phone company......It`s so nice to now know if something doesn`t work it is the phone company and nothing wrong with the computer....Progress....:)
I look forward to Apple`s hopeful introduction of the t v by Apple...Wonder what it could be? and isn`t it poor that Verizon doesn`t permit you to plug your iPhone into a charger to use as a wi fi spot....I can hardly wait for the day I can buy a iPhone with the ability to have a wifi spot attached to a charger and have a signal from the different places I travel too.....Almost there.....but almost doesn`t count ..
Really nice to sense things are better for you on the home front.....Your Friend Tony
I think the issue is the size of Microsoft market share. Windows has 90% of all computers in the World. Making them the obvious target of the nut hackers. As Apple gains market share, still less than 6%, they will become targets. Apple does control their applications better with their closed architecture. However a Mac running Windows software will be vulnerable. I don't think it is possible to build a fool proof system when you are tied to the Internet. These hackers have gotten into bank systems and Department of Defense systems.
http://redmondmag.com/articles/2012/03/02/windows-7-gaining-on-xp.aspx
Ultrahigh definition is 4320P, 4X todays resolution.
http://www.youtube.com/watch?v=E1O_lPbnfiY&feature=related
http://www.youtube.com/watch?v=9U7e_quvkPQ
OLED:
http://www.youtube.com/watch?v=wwBzSR6tqEY
http://www.youtube.com/watch?v=sa87ZQtj3ag&feature=related
2013 LX 570 2016 LS 460
What I hope for is that you can turn the iPhone on, get the wifi signal, put it in the charger and leave it there, until you finish using the computer.....As I understand it , you can`t turn the phone on and use it as a wifi while it is in the charger......I`m just waiting until that changes , and the 5 comes out with LTE , then out goes the land based line and the router.... if it is economical to do so
We really have too many stations and not enough quality content (other than sports) as far as I am concerned....I watch a couple of hours of recorded one hour shown, and thoroughly enjoy a good book...
I find that if I want to learn about something ---say using the mobile phone--I find more information in the commercials.....As I`m zipping through them, when I catch a glimpse of something I want to learn about, I go back and watch it....A changing world ... Thanks Tony
2013 LX 570 2016 LS 460
The day is early, so who knows what's ahead?
TM
I also have no idea what caused this sudden huge dip. It may have something to do with a leak that the iPad 3 will be missing some sort of beneficial option.
Well... I sold few more at the spikes yesterday... and early this morning I bought some back at a much lower share price... so it's working out nicely. But, I really don't want to get into "trading" the stock. I'd rather just pick up more shares when the price drops... but sometimes, the opportunity for a few quick bucks is just too obvious to ignore, and my old instincts kick in. I really need to resist the urge, because I want to simply hold this stock for the long run, and only buy on big dips.
We might see a choppy ride ahead today for Apple stock. And, it looks like buying opportunities today.
TM