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I’ve been doing some homework lately and looking for something over-valued or under-valued kind of thing and came across this bit of a gem. Unfortunately I’m in the process of buying something else or I’d be inclined to short the crap out of this stock with my own money. I don’t recall seeing anything this overbought for a long, long, time, to the point of mania from the look of the chart. The hype being thrown around for this stock is really amazing as well and it looks to me like the set-up is in place for some major, major, major disappointment. With just a little homework it’s pretty easy to see what’s about to happen, someone big and large is about to get out of their niche and get their teeth kicked in, by mobsters who are even bigger and larger and have real life experience in the market niche that this player is getting into.
I’d say Apple Computer is about to get cored, sliced up into tiny little bits and bytes. I’d say Apple should have taken the hint that trying to come out with a cell phone was going to be a problem when everyone wanted to sue them just from the name Apple picked out, the I-Phone. Apple should have stuck with their core competency and stuck with computers and I-pods, but unfortunately Apple is going to learn a little lesson involving over-reach. I actually know a thing or two about cell phones having helped several companies with designs and having manufactured several components that go into the phones. What Apple is shooting for is a losing proposition from the get go a 1% market share gets you nothing, zero in way of economy of scale and more headache for the d0llar than you can ever imagine. Admitting you are shooting for a 1% consumer market share is pure insanity by anyone’s standards.
Apple also decided as a technology company to disregard tech and go backwards four or five years, Apple decided to operate this phone using GSM instead of CDMA which is kind of like being a tech company and coming out with a new typewriter. No way that the video Jobs is promising going to come through with GSM, this is a con-Job, and a set-up for some serious Pump and Dump for the stock. The phone promises e-mail features yet no Outlook compatibility, kind of like selling cars with no engines. Who the hell wants a sloooooow almost dial-up like internet connection? That’s bullshit and why do these Apple geeks think anyone wants to operate a phone with two hands? You need two hands for this half MP3 player, half internet slow access port, and complete piece of shit. phone so how do you drive your car or drink a cup of coffee at the same time you’re using this phone? You can’t. The I-Phone only has four gigs or eight gigs of flashdrive, not much in the way of memory and hardly any video or song memory for the real users. Battery life for the phone sucks as well, not much fun to play when the batteries are dead. Finally the price of this phone is $400 to $500 in a marketplace that has grown accustomed to free phones or very cheap phones, especially for two year deals. Not much incentive to purchase except for the hype of the very expensive ads we'll be blasted with.
The wiz kids at Apple have decided to screw-up their own distribution outlets by offering these phones at their Apple Stores. I guarantee you that phones, I-Pods and computers don’t mix. Apple Stores are packed with shoppers buying $4K Macs and $300 I-pods, I’d bet if you bring the idiot cell phone buyers into these stores that’s going to piss-off Apples loyal customer base. To top it off Apple chose AT&T Cingular to be the exclusive phone provider of the I-Phone and that’s unfortunate because Cingular is the absolute worse cell phone provider.
This is about as crazy a chart as I’ve ever seen, mania can last for a while but I’d say sometime at the end of this month after Apple has launched the I-Phone and the I-Phone has clearly returned to earth, Apple is going to be one of the best shorts you’ll ever find as it returns to about $85 a share. Hopefully I can free up some cash in my trading account and join you. Good luck.
I’d say Apple Computer is about to get cored, sliced up into tiny little bits and bytes. I’d say Apple should have taken the hint that trying to come out with a cell phone was going to be a problem when everyone wanted to sue them just from the name Apple picked out, the I-Phone. Apple should have stuck with their core competency and stuck with computers and I-pods, but unfortunately Apple is going to learn a little lesson involving over-reach. I actually know a thing or two about cell phones having helped several companies with designs and having manufactured several components that go into the phones. What Apple is shooting for is a losing proposition from the get go a 1% market share gets you nothing, zero in way of economy of scale and more headache for the d0llar than you can ever imagine. Admitting you are shooting for a 1% consumer market share is pure insanity by anyone’s standards.
Apple also decided as a technology company to disregard tech and go backwards four or five years, Apple decided to operate this phone using GSM instead of CDMA which is kind of like being a tech company and coming out with a new typewriter. No way that the video Jobs is promising going to come through with GSM, this is a con-Job, and a set-up for some serious Pump and Dump for the stock. The phone promises e-mail features yet no Outlook compatibility, kind of like selling cars with no engines. Who the hell wants a sloooooow almost dial-up like internet connection? That’s bullshit and why do these Apple geeks think anyone wants to operate a phone with two hands? You need two hands for this half MP3 player, half internet slow access port, and complete piece of shit. phone so how do you drive your car or drink a cup of coffee at the same time you’re using this phone? You can’t. The I-Phone only has four gigs or eight gigs of flashdrive, not much in the way of memory and hardly any video or song memory for the real users. Battery life for the phone sucks as well, not much fun to play when the batteries are dead. Finally the price of this phone is $400 to $500 in a marketplace that has grown accustomed to free phones or very cheap phones, especially for two year deals. Not much incentive to purchase except for the hype of the very expensive ads we'll be blasted with.
The wiz kids at Apple have decided to screw-up their own distribution outlets by offering these phones at their Apple Stores. I guarantee you that phones, I-Pods and computers don’t mix. Apple Stores are packed with shoppers buying $4K Macs and $300 I-pods, I’d bet if you bring the idiot cell phone buyers into these stores that’s going to piss-off Apples loyal customer base. To top it off Apple chose AT&T Cingular to be the exclusive phone provider of the I-Phone and that’s unfortunate because Cingular is the absolute worse cell phone provider.
This is about as crazy a chart as I’ve ever seen, mania can last for a while but I’d say sometime at the end of this month after Apple has launched the I-Phone and the I-Phone has clearly returned to earth, Apple is going to be one of the best shorts you’ll ever find as it returns to about $85 a share. Hopefully I can free up some cash in my trading account and join you. Good luck.
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