When Steve Jobs had the unfortunate luck of being diagnosed with cancer the AAPL crowd sold the stock down to $78. Steve Jobs is healthy again and thats a good thing - he will go down as one of the biggest innovators of my lifetime. The stock has now hit $165. How high can it go? Do you know anyone between the ages of 8 and 50 who does not have an ipod? Do you know lots of people who have iphones? I own a MAC at home because to my kids a computer is a MAC - i can only think of two of there friends homes where there is no MAC. SO what can AAPL or Steve Jobs come up with next? In the meantime the stock continues to climb - I would guess that every "growth fund" (btw - what the hell is a growth fund?does anyone by companies that are shrinking on purpose?) has AAPL as its top position. So its one fund buying it from another from another till the first fund feels stupid for selling and buys it back 7% higher from the first fund they sold it to and so on....So yes trees do grow to the sky....
JB
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