Hi Roy,
I'm hep to the ebb and flow of this thread (Christ, I've been reading it just about every day for 2 years), but it still seems mighty quiet, even for post earnings. The iMac is 19 days away and there has been some pretty interesting news coming down. But so be it.
Regarding the insider trading, I'm not too worried. Eric Yang and another Yahoo poster pretty much covered my feelings on the subject.
messages.yahoo.com@m2.yahoo.com
messages.yahoo.com@m2.yahoo.com
Avie Tevanian is a great example of this. Here's a brilliant guy that's been bangin' his head against the wall at NeXt for years, while he watched others in the Valley accumulate their millions. Now Avie (and Fred and John) have their shot at the brass ring because of the great job they've done at Apple in the last year+. What would you do in their shoes? They want the big house and all the goodies and they've earned it. It's not like they're cashing in all their shares. Not even close. As Eric pointed out, Tevanian and Rubenstein have already given up a fortune by cashing in shares earlier in the year. And who in their right mind would want to leave all their eggs in in an equity (paper) basket, with the Market being what it is.
My concern is with the general Market and Asia, but I still have great faith in Jobs and his team.
You once posed the the question to Tyrell:
"Can the maker repair what he makes?"
With regards to Steve Jobs and Apple, the answer appears to be: "Yes."
Regards,
Scott |
