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Apple Inc. (AAPL $220.03)
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Magna International Inc. (MG $58.52)
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Magna International Inc. (MGA $42.55)
Q: Based on your experience and the resources you have access to, do you care to give your educated and thoughtful guess on the following: IF Apple were to proceed with building smart cars, would you agree Apple is far more likely to contract with MGA than with any legacy automakers? In this context , let us define “far more likely” as a greater than sixty percent chance. If you place the chances significantly lower than that, would you not agree that MGA is now fully valued? Come now, perhaps even modestly over valued?