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Technology Stocks : Copytele - Another XEROX in future

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To: dumbmoney who wrote (1238)3/26/1998 7:21:00 PM
From: Andrew Fenic   of 1320
 
dumbmoney,

Looks like rotten news for AAPL tomorrow. Adobe posted a 36% drop in Mac-related sales and missed estimates. Trading on Adobe was suspended in after-hours.

IMHO the price pressure that has smashed CPQ is certain to be decimating Apple. I expect we'll see one of those trademark AAPL $500M losses next quarter and the stock will spiral downward. Jobs got some uptick in profit through some one time measures recently but as yet he has done nothing real to slow Apple's arterial market share bleeding.
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