They can't get as far away as they would like, however, because so much money has flooded their behemoth funds in recent years that there aren't enough quality stocks to sink it all into. And PE ratios of 50 don't even raise an eyebrow. Perhaps we're even at the top of THE Bull Market, but that's another story altogether. The signs of a bull market top for the PC sector are everywhere you look. The free PC movement just won't go away.
Studies show a decline in PC usage suggesting the consumer market is as saturated as the corporate.
Windows 2000 is a forgone flop and it isn't even out of beta. The Pentium III has inspired about as much excitement as, well, leftover pizza. Even the late to the party investment bank upgrades on Apple last month are a sign of a bull top. Witness the sudden general public's interest in Apple's stock price. In another classic signal of a bull top, about six weeks ago the Mac Observer instituted a daily front page feature, the ' Apple Stock Watch ', to accommodate the surging passions surrounding AAPL's then soaring price.