Apple Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Apple Inc.

AAPL 286.21

+1.0%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sowbug who wrote (7642)	1/14/1998 4:53:00 PM
From: Marc Newman	Read Replies (1) of 213173

<<Things look essentially healthy, but the stock will take a hit tomorrow because it was presumably priced today for earnings of $0.35.>> I'm really not so sure. We may have had some real uncertainty built in over the quality of the earnings. Those should have been dispelled with this report. Remember, we hit 16 3/4 after estimates had been raised to .35, so there was some worry initially. AAPL doesn't always do what we think it will and there are lots of shorts to be burned here. Plus, one would think that there are others who want to take big long-term positions on any weakness, which should mitigate any decline. I've been reading some interviews with top traders and one guy said that you often see the market go the opposite way than you think because that's where the money is for the behind-the-scenes guys. Needless to say, I'll be getting up at 6:15 tomorrow morning to watch and perhaps do some trading. Marc

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next