Monday, December 1, 2008

Take a Bite?

Our first entry into Apple (AAPL $89.50) was November 25, 2002, over 6 years and 1,300% ago. Due to the hype for so many years I've been apprehensive to enter again. Watching closely for a nibble. Apple is trading with a Current Ratio of 2 and just 6X cash. See their 10K.

Maybe we'll take a bite in the low 80s?

1 comment:

Admin said...

Shoulda' coulda'.