http://zacharybass.disqus.com/enTue, 09 Sep 2008 13:13:51 -0000http://www.zacharybass.com/2008/09/apple-investors-just-where-do-we-stand.html#comment-2247832marcos its a fence not a bridge Zack is saying "hit one over the fence" (out of the park a homer!!)taojonesTue, 09 Sep 2008 13:13:51 -0000http://www.zacharybass.com/2008/09/apple-investors-just-where-do-we-stand.html#comment-2246688nice use of the "pale" zach it means fence or fence post (usually around a graveyard) as you have used it but hopefully it will not refer to Steve's complexion if he takes stage at the event. (love the allusion)taojonesTue, 09 Sep 2008 11:51:26 -0000http://www.zacharybass.com/2008/09/apple-investors-just-where-do-we-stand.html#comment-2246580It won't matter if Steve comes out on stage looking like Charles Atlas in a black T-shirt. The market is taking AAPL down because that's what it likes to do. The only thing that will bump AAPL is earnings. The PE ratio seems to be the factor and due to market malaise it is stuck in a low multiple. With market optimism the multiple increases but for now, it is contracting, so the only thing left is earnings. They are not reported for the time being and no one is paying attention to Piper's forecasts. If its any comfort, we are all right on AAPL, its the best and it will go up.marcosTue, 09 Sep 2008 11:43:25 -0000