Jobs takes a medical leave

[SPIVY]

Any traders watching this. After hours at -8% already. I know people who know him. I hope he gets better soon. The company has done well with him at the top. This go around at least.

http://finance.yahoo.com/news/Apple-CEO-Jo...f-14063916.html

ed

 

[jayro75]

Any traders watching this. After hours at -8% already. I know people who know him. I hope he gets better soon. The company has done well with him at the top. This go around at least.

http://finance.yahoo.com/news/Apple-CEO-Jo...f-14063916.html

ed

Now we have a reason for the Nasdaq to plunge tomorrow.

 

[SPIVY]

what do you think the over under is. 3.5% on Nasdaq

 

[jayro75]

what do you think the over under is. 3.5% on Nasdaq

Something like that. Up to 5%. The question is how affordable does AAPL become tomorrow? After hours is hitting the 52 week low.

 

[hoshnasi]

Does this make Apple a good buy? He said he will be returning.

 

[SPIVY]

I have had it all over the spectrum. Made a good amount beginning of last year and lost a good amount at the end. If jobs permanently steps down it will drop to about 60 - 65ish over the next two months if not sooner.

Does this make Apple a good buy? He said he will be returning.

Long term I would say yes. But that is 16-24 months out. Short term no.