Bought in at $120 this week, I may be too late to the party but have a feeling that Iphone will go for these guys. AAPL also has an irrational base of Mac fanatics (they love to be contrary to "the establishment), they think they are hip/cool and buy the stock as a statement. Can't overcome big institutions but puts a brake on backslides. Most impotantly, if you do some Iphone math and work the multiple it should be able to support another 15-25 points.

This is a spec. I wanted to get into biotech but find this a very difficult industry to get conviction around. I am far from a scientist and there are a hundred of these guys working on stuff and I don't know how to judge who makes it, gets approvals, and so on. I saw this name in many places, read what I could and got in on a smaller basis. Only 1% weighting but its fun and I get to learn.

I bought a pretty large position a while back. I feel that this is the best stock in the market on a fundamentals basis. I expect to be holding and harvesting this for several years.