Bottom line my foot! That's 1970's stock talk. Today, what counts is spin regarding FUTURE earnings and cash flow discounted to present. On a bottom line basis, MSFT, AOL, and almost all tech stocks are totally overvalued. It's all spin and believe me this board is part of it.
Jobs is like PT Barnum - a great showman who delivers. Look at the past CEO's all hunkered down: Spindler, Amelio, and yes, Sculley, who was a buttoned down Fortune 500 type. Jobs generates excitement, which is what consumers and the street crave...the future.
Sincerely, Ben |