Friday, April 15, 2005

I have just done an update on the website www.cybercrash.co.uk

From a quick look it seems that Apple share price has peaked. This could be wrong. Suggest bigcharts and aapl to form your own view at whatever time you read this

www.bigcharts.com all data chart

My guess is that there has been an 'echo bubble' after the well known cybercrash around 2000. This may soon crash as well or just drift. There could be a wider effect this time. There is a financial background that has yet to develop a pattern.

I still think this could be a positive factor for the growth of the web. Maybe in the markets as they are this phase needs to happen before there is continuous growth based on actual earnings and a stable business.

Why Apple at this stage? Twenty years ago would have been easier to explain. The pattern of long waves or something over ten or tweny years is not easy to work out within fifty years of what is happening now. Further investigation is required. But the personal computer has been going some time. It will be even more useful as it gets cheaper. This is the main point. This is not an investment advice blog.

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