Comments on: Andy Zaky pegs Apple stock at $1000 by Jan. 2014: Why Doug Kass will miss the next 50% move

By: melman

melman — Wed, 06 Mar 2013 16:39:34 +0000

ha!
http://tech.fortune.cnn.com/2013/03/04/apple-zaky-bullish-cross/

By: Ross Williams

Ross Williams — Fri, 05 Oct 2012 14:41:47 +0000

Doug Kass back in 2007 said the same thing
“Look for the Bruises on Apple’s Report”
By Doug Kass
Street Insight Contributor
1/18/2007 9:16 AM EST
http://www.thestreet.com/_mktwrm/newsanalysis/investing/10333187.html?cm_ven=CBSM&cm_cat=FREE&cm_ite=NA

By: KenC

KenC — Fri, 05 Oct 2012 13:49:12 +0000

Awesome prediction, but you forgot to mention that before then Apple has a 10:1 stock split!

By: Gene Self

Gene Self — Fri, 05 Oct 2012 11:32:17 +0000

He must have learned technology from Ron Enderle!!

By: squiggles

squiggles — Fri, 05 Oct 2012 09:02:18 +0000

Kass’ TOST analysis for AAPL doesn’t correct for PBAJ, doesn’t acknowledge PLUM, has a LATTE curve from 1950 for crying out loud… no wonder he’s so clueless

By: Tul

Tul — Fri, 05 Oct 2012 04:48:12 +0000

Some people just cannot shut up / admit their mistakes. Doug is a perfect example.

But unfortunately he is not alone. After every great Apple earnings report there is an army of so called “analysts” that have no clue how Apple operates, but in order not to be forgotten they have to say something controversial. Doug is one of them and the older he gets the louder he is.

By: Buttknuckle

Buttknuckle — Fri, 05 Oct 2012 04:03:52 +0000

Kass should simply stop writing about Apple because the evidence is in: he’s an idiot. What else do you call someone who is proven wrong time and again and yet persists with the same bogus rants against a best-in-breed #1 global company?

By: Austintx1

Austintx1 — Fri, 05 Oct 2012 03:42:10 +0000

Hold on a sec, your mom wants to tell you something but her mouth is full right now.

By: peterblood71

peterblood71 — Fri, 05 Oct 2012 03:12:26 +0000

C’mon now don’t bring your inbred family into it GJ. Though it explains a lot…

By: Jeff

Jeff — Fri, 05 Oct 2012 02:29:11 +0000

Hi Gary J. Have you taken out a position on your predictions. There is no need to do a print screen. Everyone can have their opinions. Simply take a short position and put your money behind your predictions and then we will compare notes in a year.

By: CraigNotGreg

CraigNotGreg — Fri, 05 Oct 2012 02:28:30 +0000

@Gary J

“Recession 2013 appears to be unavoidable at this point and will have an effect of consumer’s thirst to change or upgrade their device every 3 months or so.”

If you believe this, why on earth are you predicting a 5X increase for Microsoft stock?

By: Gary J.

Gary J. — Fri, 05 Oct 2012 01:30:12 +0000

Spoken like the redneck that you are! Nicely done and your incest filled family should be proud as well as all of the 30 people living in your mobile home.

By: AustinTX1

AustinTX1 — Fri, 05 Oct 2012 00:18:32 +0000

I got something you can take a screen print of…I’ll even shave them first to give you a better view.

By: buckterry8030

buckterry8030 — Fri, 05 Oct 2012 00:06:27 +0000

Kass is short QQQ/NDX and short readers . . . slamming AAPL predictably gets attention, i.e., eyeballs, clicks and $$$. He has been short bonds for a year and has taken a shellacking along with a good part of his flock.

By: Road Warrior

Road Warrior — Thu, 04 Oct 2012 23:41:58 +0000

A very well article and he could be spot on barring any major upheavals. I wonder though if the might be a split in Apple stock before then, he may still be right but off on a technicality. At any rate, nothing I am too worried about.

By: Gary J.

Gary J. — Thu, 04 Oct 2012 23:34:54 +0000

Take a screen print of this:
January 2014 Google $350 to $370, Apple $290 to $310, MSFT $155 to $170. The 3 companies will have very defined device line ups and sustainable proprietary OS. Samsung will run it’s own OS and the likes of HTC, Sony and others will not be offering wireless devices or if they do they will line up with one platform which will be Android. HP will not even make it out of the gate with their 2nd attempt to market mobile communication devices.

Recession 2013 appears to be unavoidable at this point and will have an effect of consumer’s thirst to change or upgrade their device every 3 months or so.

By: ckan

ckan — Thu, 04 Oct 2012 23:12:20 +0000

Wonder who employs him as a fund manager who has no knowledge of world’s most valuable company? I am also wodering @ street.com who allows rubbish article from dum writer.

By: Vatdoro

Vatdoro — Thu, 04 Oct 2012 22:21:48 +0000

Agreed. I will be very surprised if the stock hasn’t reached $1,000 by September 2013, possibly long before then.

But, Andy is making a very public statement and putting his credibility on the line. I can see why he’d make sure his prediction was very conservative.

By: GM

GM — Thu, 04 Oct 2012 21:40:03 +0000

Agreed. Doug Kass misses the boat with Apple. Otherwise he is a respected writer who is usually spot on. But since my investing is generally in tech and almost entirely in Apple, I simply follow him as a way to gauge the entire market. He is sharp and knowledgeable just not on Apple are tech in general. But I live or die with AAPL so my focus is very narrow.

By: tomL

tomL — Thu, 04 Oct 2012 21:22:47 +0000

By the time January 2014 rolls around, $1000 will be in the rear view mirror, long past.

By: breeze

breeze — Thu, 04 Oct 2012 21:18:44 +0000

‘ nuff said…

By: Peter Maslanko

Peter Maslanko — Thu, 04 Oct 2012 21:10:08 +0000

Zaky makes great points – Kass knows very little about the company Apple as well as very little about technology stocks in general. I have subscribed to Kass on Real Money Pro for over 10 years and he is a great writer. He has a better record on market direction than individual stocks though. He has only owned Apple on a rare occasion for a trade but has owned DELL for longer periods of time. Kass recent analysis that after playing with Iphone for a few minutes and it seemed like a toy was absurd. The light weight and build quality of Iphone 5 are amazing. I agree with Zaky that Apple could get to $1000. as long as they continue to innovate and as long as their products and ecosystem continue to be better than their competition.

By: The Other Steve

The Other Steve — Thu, 04 Oct 2012 21:08:40 +0000

“media echo chamber”
Now there’s a phrase I won’t soon forget.
And I’m sure the media will give me plenty of opportunities to use it.

By: bluejay

bluejay — Thu, 04 Oct 2012 21:06:08 +0000

I feel sorry for the good innocent people that buy his newsletter.

By: Shawn

Shawn — Thu, 04 Oct 2012 20:53:45 +0000

Doug Kass keeps repeating his mistakes..