Apple Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Apple Inc.

AAPL 259.35

+0.1%

Jan 9 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Travis who wrote (16062)	7/29/1998 11:26:00 PM
From: Eric Yang	Read Replies (2) of 213182

Andrew Neff from Bear&Stearn and the analyst from Pain Webber (Walter Winnitzki I think) had some very positive things to say about Apple. The difference is that Andy said that AAPL is still extremely cheap while Walter said that all the positives signs have been priced into the stock. Duh!! By the way Andrew Neff has a buy on AAPL while Walter Winitzki has a hold on AAPL. macevolution.com This is a perfect example of how there are two different kinds of analysts that follow Apple. There are those who have the foresight to recommend AAPL BEFORE the stock rises...and those analysts who were too dense to recognize the value and keep reiterating their hold as the price continue to climb. I don't know how many times I've heard of people who said that despite the impressive gain in its share price, Apple "failed to impress analysts" because there are still a boat full of analysts who have "hold" ratings on AAPL. I find that argument silly. Analysts are paid for their ability to peer into the future, recognize value and pick stocks that will outperform the market. In the case of AAPL, every analyst who had a "hold" since Dec of 97 are the ones who FAILED. The fact is every one of them would have rated AAPL as a "Strong buy" had they known that Apple's finance and stock price were going to perform so well over the last 8 months. Well they didn't...too bad. The market reward those with foresight and laugh in the general direction of those with 20/20 hindsight. Unless there was a rule somewhere that says it's Fred Anderson's personal duty to tie these analysts up and beat them until they give AAPL a buy rating...I don't see how it is Apple's job to impress these analysts. Thus I can't see how Apple has "failed". So let them cry about the marketshare...let them bitch about the revenue. Those with foresight know that these issues will be addressed soon enough. When that happens AAPL will be trading higher still- And there will still be two kinds of analysts....And there will still be two kinds of investors... Eric While we're at it...let's again kiss up to those brilliant analysts who have "buys" on AAPL again. Here's to the crazy ones... macevolution.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next