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AAPL up on upgrades from Merril, Thomas Weisel
updated 10:50 am EST, Tue January 13, 2004
AAPL up on upgrades
A MacNN reader writes: "Just wanted to point out that by analyst Thomas Weisel."
Meanwhile, Forbes reports that Merrill Lynch reinstated coverage of the computer manufacturer with a "buy" rating and a price target of $29 and a 2004 earnings-per-share estimate of 42 cents: "We think Apple has gotten its act together in focusing on core markets, building a mature management team and, most important, innovating again. People will pay more for Porsches, but they have to perform. We think iPod's leading position is defendable for perhaps two years and is important to Apple's 'cool' image."
Go Apple!
01/13, 11:04am reply
Go Apple!
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A stock Analyst...
01/13, 11:10am reply
with the name Thomas Weisel.......
At least he is giving Apple a good rating.
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Good for Apple
01/13, 11:50am reply
But this is bullsh*t. With out this Apple, HP venture, I guarantee you this would not be happening. Nothing has change, Apple has always been the innovator; the only difference is "now you too can make some money off of Apple".
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innovation
01/13, 11:51am reply
"apple is innovating again" Hah! They never stopped. I will agree that the past few years have seen them get their act together in a big way, though.
What a laugh. I guess M$ can have their stock price ride high without innovation. Although IIRC it's been at a pretty stagnant price the past coupld of years.
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Ginger Rogers
01/13, 11:58am reply
Someone once took me aback by mentioning that Ginger Rogers had to do everything Fred Astaire did, only backward -- which is of course far more complicated. Yet Fred gets all the glory and Ginger is usually referred to simply as his dancing partner.
That's Wall Street's attitude towards Apple in a nutshell. We're Ginger.
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cool
01/13, 12:03pm reply
...but snobby....
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ginger
01/13, 12:05pm reply
not only that, most people hate ginger because she is a snob and a b****.
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Ginger..
01/13, 12:19pm reply
I though the quote was 'I had to do everything Fred Astaire did but backward and in high heels'
Not nit picking really
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Ginger, a b****?
01/13, 12:34pm reply
h***, no! I love Ginger. She was damn cute. Had a great pair of legs and could keep up with Fred. That's the kind of women men need.
Bad analogy.
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h*** froze over (again)
01/13, 12:58pm reply
Merrill Lynch is giving AAPL a Buy rating!?!?
The end is near!
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