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Technology Stocks : Apple Inc.
AAPL 100.86-0.8%Sep 16 5:20 PM EDTNews

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To: Cogito who wrote (123842)1/12/2012 11:13:42 AM
From: Emile Vidrine2 Recommendations  Read Replies (2) of 174485
 
Another important point about AAPL's stockpile of cash across the waters is the huge potential as a catalyst when Congress approves a bill before congress to reduce or eliminate the taxes when they repatriate the cash back to America. The tax liability under present laws is Approx. $15 billion. Say they save$10 billion under the new law. That would be like a boost of approx $11 for each share of AAPL stock. I think the day they pass the legislation AAPL will have nice bump.
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