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Technology Stocks : Apple Inc.
AAPL 270.78-0.5%12:17 PM EST
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To: Cogito who wrote (29330)10/12/2000 9:00:55 PM
From: JP Sullivan  Read Replies (1) of 213177
 
Apple plays in the consumer marketplace and has to compete with Pentium / Athlon boxes. Although your argument has merit in the technical sense, that's not how the consumer thinks. Heck, Sun is not even on his radar screen. How well do you think Sun would do against Intel boxes in the consumer space?

Although I think AAPL has been ludicrously oversold, I also believe there is good reason for the bearishness. It's hard for people to imagine that AAPL is not a one-trick pony / flash in the pan. To put some confidence back into the stock, SJ will have to come out with a humdinger or two on 10/18. Saying that OS-X will be released earlier than expected would qualify for one. But that's wishful thinking, I'm afraid.

Winston
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