<nessuno@xxxxxxxxxxxxxxxxxxx> wrote in message
news:e59af298-f72a-4941-878f-5bdbb8af0428@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
> Stock quotes, May 29, 2008 vs 1 year ago (source: Yahoo finance)
> First today, next a year ago, then percentage change
>
> MSFT 28.62 30.35 -6%
> AAPL 187.86 114.35 +64%
> GOOG 582.41 487.11 +23%
>
> Yes, the year in which Vista was introduced has really lifted
> Microsoft's spirits.
>
Evidently you changed the time frame being looked at. Roy posted "for the
year" meaning Year-to-Date and the 21% decline is consistent with a year to
date time frame.
Using the time frame you selected (12 months) will obviously give you a
different result, and it did. There's lots of creative things you can do
with stock prices and charts. Creatively select the optimal timeframe and
any company can be made to look like a hero or a zero.
My point is that looking at stock price is complete nonsense. I was under
the impression that this was closer to a technical newsgroup then a
financial stock trading newsgroup. Unless you guys are buying and selling
these stocks when who cares and why?
Do you think that the stock price somehow indicates the quality of a company
or their products? Because for example during the first two months of 2008
Google stock fell by 35% and Apple stock fell by almost 40%. Did Google's
technology get 35% worse during this time? In the last 3 months Apple is up
50% - did Apple's technology and products get 50% better since then? So
what's the connection - and if there isn't one then what's the point?
Unless there's some correlation between a stock price and a company then I
just don't see the point in discussing it. And if claiming that because MSFT
is down 21% year to date somehow indicates the demise of MS then why doesn't
the exact same 21% drop in Google mean the same thing?
- ss
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