I get e-mails* everyday that review what is happening in the stock market. It also gives tips on what to buy, sell and hold with brief reasons why. Today's e-mail had this to say:
I called a friend of mine who works with Merrill Lynch. He said he had heard rumbling of a couple different types. One invloves Apple and IBM. The other involves Apple and Sony. He also noted that one of his clients who works for Cingular came in talking about a new SonyEricsson phone utilizing Apple technology that would be released early next year. He strongly noted that this was a rumor off the street. It could be misunderstanding of the MacWorld demo, or it could be something more promising.
I don't know what to make of this, but I thought it was interesting nonetheless.
d8n_two
*I do not buy stocks based on this advice. I don't buy stocks at all. I'm a poor graduate student who gets the e-mail because I participated in a stock portfolio management game. Therefore, I neither endorse or refute the views of this e-mail and the company that distributes it.
"AAPL (Apple Computer, Inc.): This stock has plunged over past two months like most other tech stocks. Closing today at 14.74, 5.36 % in the green, the stock is just under a point away from its 52-week low (13.80). We see the stock in an inviting position at the current price. If you have it, hold on to it. If you don't, buy it. Though details are sketchy, something big is coming from Cupertino."
I called a friend of mine who works with Merrill Lynch. He said he had heard rumbling of a couple different types. One invloves Apple and IBM. The other involves Apple and Sony. He also noted that one of his clients who works for Cingular came in talking about a new SonyEricsson phone utilizing Apple technology that would be released early next year. He strongly noted that this was a rumor off the street. It could be misunderstanding of the MacWorld demo, or it could be something more promising.
I don't know what to make of this, but I thought it was interesting nonetheless.
d8n_two
*I do not buy stocks based on this advice. I don't buy stocks at all. I'm a poor graduate student who gets the e-mail because I participated in a stock portfolio management game. Therefore, I neither endorse or refute the views of this e-mail and the company that distributes it.