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Technology Stocks : Apple Inc.
AAPL 259.35+0.1%Jan 9 9:30 AM EST
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To: Richard Habib who wrote (22624)1/18/1999 3:30:00 PM
From: yofal   of 213181
 
Why did SSB downgrade Apple?

Here's a theory... (from infoxczar.com

An anonymous Apple employee contacted us to note that, prior to the downgrade, Apple changed their default broker for the Employee Stock Purchase Plan and their Employee Options program. The new broker is eTrade, and the old one was... Salomon Smith Barney. Hmmmm... Thousands of Apple employees no longer doing business with Salomon Smith Barney-- is there a bitter taste in the air? Do we hear the distant sound of an axe grinding? It's purely hearsay at this point, but it's an interesting theory, nonetheless...
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