It is great to have you respond so fast. Actually, I have been
working in computer field since 1979. I have been working in various
platforms (from early mini-computer interdata to current Silicon
Graphics, Sun Micro and Mac). Also, I have kept stock investment as my
hobby since 1986.
Yes, I admit that Apple lost an opportunity to control the PC field
during early '90. However, the MAC os is still better than wintel's
dos in many respects, not to mention about ObjectC. It is no need to
repeat here regarding Apple and Next's complementary. From this
quarter's PC sale (up to 12/31/96), you will notice that individual
buyers start losing interest in buying old wintel dos. But, the sale
on Apple is still on the rise - which I have to give credits to
Apple's management teams as well as its loyal customers.
In education market, Apple can provide newest technologies and
platform for students. Its historical stands will be getting stronger
after injecting new os in it.
In publish market, Apple's graphical packages and its long period of
relationship with this group still can easily well substain or exceed
its current position.
In software development opportunities, Unix still dominates the
fields, which Apple is following with Next.
In enterprise market, Next has been in it for a while, which will
eventually compete with window NT.
Apple spent about 500 millions in its yearly operating costs, but only
used 400 millions to buy Next with which the technology is ahead of
other os with 6-7 years, is worth.
Would you invest in stocks which have high P/S ratio in the high
turn around industries such as semi-conductors or software? Do you
remember which fell most when stock crashes? Don't you buy stock
not referencing to its book value?
All in all, Apple is coming back to the right track gradually - which
will reflect in stock price pretty soon. Thanks. |
