
Barrons.com:
GIDDY EXCITEMENT OVER THE iPhone has propelled Apple shares from $90 to $122 — a gain of 35% in just over two months. We smell lots of retail participation in this process. The stunning action has converted lots of institutional investors into believers in the imminent rise of the “mobile Internet.”
Count the staff of [Cowen and Co.’s] “Technology Focus” as advocates of the view that mobile Internet plays will have tremendous thematic appeal for investors in the months and quarters ahead. However, at this… Read more.
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