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Strategies & Market Trends : Charts With An Attitude; Trading In & Out
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To: Linda Kaplan who wrote (3582)11/11/1997 5:43:00 PM
From: Instock  Read Replies (1) of 4701
 
Linda: Yesterday was Big news for AAPL , and it dropped like a rock.
Apple has never been a company known for knowing how to make money, and I suspect that holds true now as then.

I work in the desktop publishing and graphics industry. We upgraded to multi processor Mac clones a few months back. Where I work, I see no plans to upgrade the Mac's for sometime, certainly not before the beginning of the Fiscal year. I suspect that many companies upgraded thoughout the year, and will also wait till after the beginning of the year to upgrade again.

A new CEO? AAPL needs a second coming!! I though Steven Jobs was suppose to be that. So far, he has proved little.

APPL is still lossing market share. Even Schools, which once bought APPLE Computers almost exclusively, are now buying WinTell products because of APPLE's uncertain future.
Not to mention that there is not that much differant between a Mac and a WinTel computer, except service and product availablity is MUCH MUCH better with Wintel computers.
APPLE Support is not there. Products are hard to find.

I agree that APPL has a loyal following, but so did ATARI and Commadore at one time.
Loyality is fine, but Profits are what investers want and what APPL has promissed and not delivered for a LONG time.

Maybe something will change my mind about AAPL, probably a lower stock price! The stock is over priced, IMO.

Good Luck

Instock
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