by 
MELVILLE, N.Y. -- Arrow Electronics, Inc. (NYSE:ARW) announced today the successful completion of the acquisition of Intechra, a leading information technology asset disposition (“ITAD”) company.
Intechra is headquartered in Jackson, MS, and has approximately 300 employees. Total sales were approximately $75 million for the most recent fiscal year. The transaction is expected to be $.03-$.05 per share accretive to earnings in the first full year of operations. Arrow Electronics (www.arrow.com) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions.
Headquartered in Melville, N.Y., Arrow serves as a supply channel partner for over 900 suppliers and 125,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 310 locations in 51 countries and territories.
{complink 453|Arrow Electronics Inc.}
Don't panic. Are you kidding? If you buy high and see your stock price fall 5 percent in one week, you should panic somewhat. Sure people say you should use that opportunity to add to your holding of a stock if you believe it will recover but it's difficult gauging the trough and the high. That's why some of us stay on the sidelines and watch the gyrations of a company like Apple. If I am going to invest in Apple, I would have a professional trader handle this for me and then I would pray and hope he or she is doing their homework.
The other issue you didn't treat in this analysis and a previous one is answer the question of who is keeping Apple honest. With everyone expecting the company to always demonstrate its Midas touch, I am beginning to wonder if the investors, analysts and fund managers actually dig deep enough and question the company hard enough about its strategies. Is Steve Jobs' halo making shareholders and analysts hesitant to ask the tough questions they would ask other executives? Any insight?
concur on “not panicking.” Hard to do when the market no longer behaves in anything like a rational fashion.
Not sure i would trust a “professional” to invest my money in Apple – in the age of educated retail investors (you, me) how much more do they really know?
Steve, The challenge for people like me is we are not educated enough on equity investment to make all the right decisions about stocks, especially when this involves companies as complicated as Apple. I checked the company's stock price over the last few days and it seemed to have bounced around like a yoyo. Then I noticed Yahoo had detailed information on things like trading volume and today's volume was 43.9 million versus regular average of 19.6 million! What happened to Apple today? Why do I want to know? Greed. It's hard not to get sucked in as the company's shares continued to rise. For the untutored, knowing when to get in and when to get out is becoming rather mindboggling.
completely agree. At this point i just buy companies i have heard of and that have good track records for at least a dozen years. Not very interesting but also quite safe