Greg,
You have mentioned in a couple of your posts that you believe Apple is priced for perfection. A few of questions.
Does that mean you think it is currently over-valued?
Would you buy it now if you did not own it already?
Can you take us through your thought process in determining why it is priced for perfection.
You mentioned that the PE is roughly 14 and the overall market PE is about 15. Would that not indicate it is slightly undervalued or am I misinterpreting the use of the PE.
Thanks
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