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AAPL Stock: 112.65 ( + 3.24 )

Printed from http://www.macnn.com

Schwab initiates AAPL coverage with \'neutral\'

updated 08:00 am EDT, Tue April 6, 2004

New AAPL coverage, high

Schwab has begun coverage of Apple Computer with a yesterday, closing at $28.32.




by MacNN Staff

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Comments

  1. LouZer

    Joined: Dec 1969

    0

    Neutral

    So, were these guys neutral in the 90's when all those tech stocks were running at $600 a share?

  1. macimmortal

    Joined: Dec 1969

    0

    Uh huh...

    Stock broker advice from the past:
    Apple is dying.
    Apple is dead.
    Sell now.
    The sky is falling.

  1. klinux

    Joined: Dec 1969

    0

    armchair analysts

    Getting stock and financial advice from Macnn readers is like getting tech advice from stock analysts.

    Calm down zealots.

  1. macimmortal

    Joined: Dec 1969

    0

    Re: armchair analysts

    Who exactly here is worked up? I'm surprised there are Microsoft lovers hanging around here when they should be home cleaning viruses out of their boxes.

  1. Feeling_Macish

    Joined: Dec 1969

    0

    Schwab is the DELL

    of the financial services biz. They sell thin air. I guess Fidelity is the Wal-Mart...

    Both companies are too big to give a s***. Put your money somewhere else.

  1. klinux

    Joined: Dec 1969

    0

    Hmm

    Sounds like you are getting worked up, Macimmortal, as you think anyone who thinks getting stock advice from armchair analysts of Macnn is lunacy are all Microsoft lovers who run Windows boxes infected with virus.

    And so Mr. Feeling, which boutique firm is doing your investing for you? Pray tell. So if a Mac user is Fidelity and Schwab, they are disloyal Mac users? They should all be using boutiques and drive BMW/Mercedes?

    I love pointing out fallacies in zealotry.

  1. deasys

    Joined: Dec 1969

    0

    Motley Fool

    It's clear they don't call it Motley Fool for nothing: left out of its comparative analysis of EPS was the fact that Apple's stock price reflects cash per share of $13.00 vs. Dell's $1.95.

    Taking that into consideration, Apple's predicted EPS for 2005 of 30 times doesn't look at all unreasonable compared to its competition.

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