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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Alomex who wrote (28880)9/29/2000 1:25:45 PM
From: PaperProfit1  Read Replies (1) | Respond to of 213176
 
Management has disappointed

big time. This is not about some chip debacle by Motorola. This is about overestimating demand at a time of product transition. Fred was very optimistic just weeks ago.

There will be no rally until earnings, IMHO. Management has a lot of explaining to do. A good start would be to show that things are not as bad as originally thought.

AAPL has given support to the critics that say there is not a market for Apple products. The niche (education and consumers) has failed AAPL, so what are they going to do from here?

There are many questions they need to address. New cool products is not the answer, it may appear.



To: Alomex who wrote (28880)9/29/2000 2:16:42 PM
From: ratan lal  Respond to of 213176
 
I guessed wrong.

But103 million shares have changed hands.

For every share sold, someone else bought it.

Now i will have to wait for better results from Apple or for the market to turn around and and raise AAPL along with it.

And with P/e of 26, P/s of 1, I think the risk is fairly low unless they keep screwing up !


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