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Technology Stocks : Apple Inc.
AAPL 278.06-0.2%Dec 11 3:59 PM EST
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To: y2kate who wrote (28958)10/1/2000 10:33:24 AM
From: Tony Wang  Read Replies (3) of 213176
 
Apple should really consider stepping into the real world of declining price computers. They will instantly see why their sales drop first in a slowing economy. They are too expensive when compared to PC's with rebates of 25% from list price from the manufacturer or low rate financing. When the family budget will be impacted this winter with higher (much higher oil bills), the choice of an optional extravagance will inversely decrease. Is Apple losing market share or simply a bump in the road like Steve Jobs said it was? You know you can't trust CEO's no matter how much you like him; his utterances must be viewed as biased.
Consider Armstrong of ATT, who said this January earnings will be met all quarters of this year, only to announce a warning 3 months later. The same thing happenned with Lucent. These guys are forced to be full of it by their positions.
It looks like investors are selling first, and will think about it later.

This is a sad story to a very good product.
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