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6 Comments

  • howard Lindzon One year ago

    evil!

    and long

    • Andy Swan One year ago

      “I’m a deal guy…..long everything except criminals and RocketFizzle”

      Smart.

      • maximo zeledon One year ago

        Question for you google longs. SO how far in product development is google in terms of a cell phone? Is it all talk or are they within years of launching one?

        • Tony One year ago

          CROX @ 57 intraday. I am a size 11.

          • Richard One year ago

            Max: I view Google as a substance acquirer. iPhone is a substance container. I’m long Google because they own cool stuff. I’m long iPhone because it contains cool stuff.

            • maximo zeledon One year ago

              Richard–

              I get it. But you might be placing too much hope in those statements. You Tube was not a substance purchase. That was like getting the hot, dumb blond in class to go out with you before anyone else, but then you realize she wasn’t all that. Now you’re stuck and she has really bad breath. But smart people call it a defensive move and that’s cool. Paying for traffic is not a substance move either.

              Now, as a trend trader it makes perfect sense to keep riding both stocks, but long-term the growth is not sustainable. More so for Apple than Google. And that’s why I was asking about the google phone…because to support and beat these fantastic earnings they will need more firewood to raise earnings. Acquisitions are supposed to increase earnings per share, but I don’t think You Tube is helping any. I don’t know about you but I think that getting larger and larger to maintain momentum is dangerous.

              Apple makes hardware (yes, cool hardware), but that too comes to an end. My main beef for owning Apple at this level is the arrogance of Steve Jobs and the maturity of the iTunes model. You see, I’ve been an Apple fan (products) all my life…since my first Mac in 1985. But for those who remember the past and are not prone to selective memory blackouts you will recall that Steve Jobs has a history of treating his customers like shit and that’s why he is a lose cannon and that’s why Apple fell far behind in the PC wars of the 1990s. Look at the antics he pulled with the iphone. Money men like you Wallstrip gunslingers dismiss that stuff because you are high on Apple trading at $140 plus levels, but sooner than later Steve will show his demons again. All it will take is one unpleasant earnings report. Don’t people remember the past? Power Computing? Killing license deals? Screwing loyal customers?

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