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To: ThinkDifferent
In 1997 Microsoft bought $150 million of non-voting Apple stock, which IIRC was about 5% of outstanding shares. They sold them a few years later for a rather large profit.

When others drool over Apple products, I buy Apple stock. My wife is getting on my case to sell my Apple stock shares, as their price is going through the roof and I had bought low. It's cyclic, every couple years buy low and when they have new products it goes up and then sell. Apple makes me happy in this way!

281 posted on 01/27/2005 2:19:06 PM PST by roadcat
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To: roadcat
When others drool over Apple products, I buy Apple stock.

Well done. I bought some when they were at 14 (market cap of $4.5 billion, $4.2 billion in cash, not a very hard decision) but sold at 35 since I didn't see it going any higher for a while. Oops. Got back in at 62, but that's a lot of cash I left on the table.

286 posted on 01/27/2005 2:35:24 PM PST by ThinkDifferent (These pretzels are making me thirsty)
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