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This sounds to me like someone who didn't live through the period or wasn't paying attention, because it dismisses/leaves out the iPod and iTunes store. When t
by perl4ever 7y ago
This sounds to me like someone who didn't live through the period or wasn't paying attention, because it dismisses/leaves out the iPod and iTunes store.
When the iTunes store opened, that was the exact moment at which Apple was clearly a different company that was going to skyrocket. I did not have or maintain faith in Jobs, unfortunately for me. But that was the moment of "take all your money and buy call options".
As evidence of my opinion, you could look at the discontinuity in the stock price and how it proceeded to break out of the cyclical range it had been in for years and years.