Loss of Momentum: What's Eating Apple, Google, and RIM?

The link to the Google stock quote actually takes you to Apple's stock quote :( "Research In Motion shares were solid gainers Wednesday morning after the firm launched its first Blackberry flip phone. But fellow tech titans Apple and Google were struggling to recover from their recent declines."

Unrealistic PE ratios !

Why is everyone so obsessed with Research in Motion, Apple and Google? They were way overpriced before, they are a little less expensive now. Garmin on the other hand is undervalued.

Garmin is old tech - who needs it?

Garmin is old tech - who needs it?

This happens when you have people from 2 extreme spectrums of the playing field... the extremely smart and greedy to the extremely stupid and arrogant.

load up ladies and gentlemen... Its going to be a while before you see RIMM down here again....

The 30 P/E for Apple doesn't factor in that the company has $23 per share in cash and no debt. Discount that and the PE is probably closer to 24 and a very compelling value at this price.

GOOG, APPL!!!

I gotta tell-ya. I just came from an Apple Store on LI NY on a Wednesday, before lunch hour, and the place was rocking -- still a long line for iPhones. Not just tire-kickers; people walking out with purchases

Bugs eating up Apple profits!

"Loss of Momentum"??? Are you implying the longs had any? Today is really the first day in a couple weeks when short AAPL hasn't worked. If it can't drop today, momentum traders are not going to push it down more - that's the loss of momentum. We're going to play it long once that happens because the end of year expectation is much higher.

For the life of me I can not understand why the market loves to crap on Apple. Nearly Every article has a negative spin on it, yet rimm comes out with an old concept such as a new flip phone and are greeted by positive news. Apple appears to at least stay current by offering new products and new upgrades to their products. Why is it that Rimm, motorola etc, dont make music related products anymore, because Apple kicked their butts and still are. Im still buying the stock, it will continue to Rock, something should be done about momentum traders and hedge fund managers that move the market prematurely. until we stop paying these guys millions of dollars regardless of what the funds do, it wont end. Remember enron boys, it can happen to you to.

Time to buy more AAPL.

Time to buy more AAPL!

P/E's don't mean anything with hot companies. Apple, Google, Rimm P/E's have been high for the last 4 years but the stocks kept going up because P/E's didn't matter. The companies are still hot and dominating in their industry so the stocks will likely still go up regardless of P/E. These writers are not traders. P/E is only used on mediocre or small companies.

I agree, today we saw a change in momentum and the short sellers are running out of steam which might be the start of a 2-3 week rally with Apple leading the tech stocks. Apple is a no brainer, the hottest phone,music and computers on the planet plus the highly profitable itunes store selling selling a shitload of music and movies plus a healthy Steve Jobs, you cant do wrong.

anyone taking advice from Henry Blodget id a fool! He's a crook that was banned from Wall Street for upgrading stocks and then calling them nothing but junk in private e-mails!!....ie...infospace!! he was fired and has no ethics or credibility!!

yea apple

AAPL LOOK GOOD AS A BUY. STILL BUYING