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willbeurdaddy -> RE: Steve Jobs resigns (8/24/2011 8:33:06 PM)
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quote:
ORIGINAL: Iamsemisweet I hope you are right, because I am in to that stock. Nd of course his return was public knowledge, I read about it in the WSJ. quote:
ORIGINAL: willbeurdaddy quote:
ORIGINAL: Iamsemisweet The stock price surged when he came back the first time, so no such luck. Too bad, great company. His return wasnt public knowledge, his illness has been. I wouldnt expect more than a $20-$25 drop as those who havent been paying attention panic, and within a week it will be back to overall market changes. You read about after it happened. He returned when Apple bought Next, which was a total surprise to the market, described as "Stunning", "shocking" and similar terms. And it wasnt unanimously well received, with the stock price barely moving. There was no surge when he returned. The stock price finally moved up a bit a year later with an unexpected quarterly profit. There was no surge in stock price until 10 years later.
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