Comments on Saving to Inve$t: Did I buy Apple to late (2K loss to date)? A look ...

Thanks Jeff. It was a good analysis of a stock I a...

2008-07-25T09:27:00.000-04:00

Thanks Jeff. It was a good analysis of a stock I am looking into, per my comment at your site.

p.s. if you have questions on AECOM or anything el...

2008-07-24T16:29:00.000-04:00

p.s. if you have questions on AECOM or anything else, email me at fanmail@jeffreylin.net

have a good one.

ABB - Delivering the PowerABB Articles on Jeffrey'...

2008-07-24T16:25:00.000-04:00

ABB - Delivering the Power
ABB Articles on Jeffrey's FlyboysFund blog

Andy, thanks for reading my article on ABB. Is it...

2008-07-24T16:17:00.000-04:00

Andy, thanks for reading my article on ABB. Is it a good time to buy on this drop after earnings? Um, yes and no. Yes because, by my valuations, this stock should be above $33 near it's old high already. No, because this market is psychotic and a company's worth, the company's balance sheet, future business, etc. means nothing. People are selling the good companies with the bad like there's no tomorrow. Let me put it this way though. If there is a tomorrow, and I could only have 1 stock for the next 5 yrs, it would be ABB. The power grid is the foundation upon all modern civilization is built. Even more so now that everything is controlled by computers, from traffic lights to cash registers. I have several articles on ABB on my site, so please stop by as I don't want to retype everything here. I would caution you NOT to buy AECOM. They're a third-rate U.S. construction company with limited capacity and no real proprietary technology.

SB - It was always a longer term investment for me...

2008-07-23T09:40:00.000-04:00

SB - It was always a longer term investment for me. One year plus. Their numbers were great (did you see how many Macs they sold!) and their future looks great. Only concernt is Steve Jobs. So I am going to hold on for a while. I understand this stock does not fit your value criteria, and I did perhaps buy too early. But confident in my research and outlook.

It's lost $13 so far today. How long are you goin...

2008-07-22T12:55:00.000-04:00

It's lost $13 so far today. How long are you going to ride it out?

Well, Apple earnings beat estimates. Though their ...

2008-07-22T10:16:00.000-04:00

Well, Apple earnings beat estimates. Though their gudiance was lower than analyst expectations so their shares got pummelled. 10% down per my review.

I still like them for the longer term. Their PC share is growing and 3G iphone sales (not part of the earnings) should add a lot of value to the company. Also looks like they have a number of new products coming on line.

The other concern is Steve Job's health. Some estimate he is worth $50 of the share price! Stay well Steve.

Thanks Chris. Agree with your comments. Here is so...

2008-07-21T14:29:00.000-04:00

Thanks Chris. Agree with your comments. Here is something interesting I found on CNBC.com today on Apple. It is great advice for longer term Apple investors:

The fact is, Apple has beaten the Street for the past seven straight quarters, and there's every indication that the company will do so again this time around. And yet the stock still languishes. That means the Apple story will once again come down to guidance. Traders love it; investors hate it. If the company doesn't measure up, shares will get crushed even though fundamentals here remain so incredibly robust, and the iPhone as "platform" will tell the Apple story for years to come.

"Today, iPhone only represents about 5 percent of Apple's business, but is growing, and dramatically. "Only" is an interesting word for a product that's "only" been around for a year or so. And the prospects for this product seem so strong. Think about it: on the same day bank customers were lined up outside of IndyMac in Southern California because the bank failed, Apple customers were still lined up, days after 3G's launch, trying to plunk down a couple of hundred bucks for a new cell phone. The dichotomy here is palpable.

At a time when we're all worried about recession and global economic slowdown, Apple is still seeing lines for its gadgets, Intel, Microsoft, IBM and Microsoft are all posting stronger than expected revenue. That bodes well for Apple even in this third quarter, historically Apple's slowest, as shoppers gear up for back-to-school in a couple of months. Economic worries could contribute to a lackluster forecast if shoppers aren't trading up to a new Mac before the school year starts. That's worth watching.

And something else: someone is likely to ask about Steve Jobs' health during the conference call. I wouldn't be surprised if it came up. I would be surprised if Apple offered anything other than what they've been saying all along: that he was being treated for a "bug" of some kind. But anything new on that front bears some focus as well. Right now, I don't see anything that derails Apple as a longer term opportunity for patient investors. Think of the company that way and it almost doesn't matter what Apple reports today. And that's why guidance today is so absolutely key for Apple and investors parking their money in it."

I bought most of the AAPL I have today at around 7...

2008-07-21T11:35:00.000-04:00

I bought most of the AAPL I have today at around 70, so obviously that portion of my portfolio has done well. I sometimes think I should have sold most of it near 200, but instead I just continue to buy small amounts (e.g., annual IRA contributions) whenever I see weakness in the stock...like right now.