In response to:

Apple (AAPL) is Different This Time

Kent147 Wrote: Apr 27, 2012 3:37 PM
It is still a great investment. Apple will dominate the worlds formerly occupied by Microsoft, HP, Samsung, Dell, Lenova, Sony, RIM, Motorola, and soon - makers of TVs. It's share will steadily increase share in each market and it will create some new markets for portable intelligent devices. Current P/E is around 14. So low even a guy like Tatro should comprehend that it is low. And Apple has about $115 billion in the bank, growing at about $10 billion per quarter. A good investment now.

The furor over Apple stock brings to mind two statements that resonate through history in the investor’s graveyard.

First, I have to have it!  Second, this time it’s different! 

Let’s travel back in time for a moment.  Centuries ago, Frenchmen were lining up in droves in order to buy shares in John Law’s Mississippi Company. 

After all, North America was the new world and the riches to be derived from precious metals, furs, and commodities were practically immeasurable. 

Ships with settlers were traveling to the region to develop the land and enrich themselves.  Therefore, how could it...