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

To: PaperProfit1 who wrote (28901)	9/29/2000 1:54:16 PM
From: Alomex	Read Replies (2) \| Respond to of 213176

They should really be upgrading. I disagree. Apple seemed to be running on a smooth path towards recovery (delays of OSX excepted). The earnings warning changes that. If this is a temporary hiccup, then AAPL should be upgraded. OTOH, if this is the forebearer of more bad news to come, it's time to downgrade. IMHO we have to wait until things become clearer (or Eric Yang makes new predictions)...

To: PaperProfit1 who wrote (28901)	9/29/2000 2:05:07 PM
From: OX	Respond to of 213176

i agree, CNBC is pretty good about ridiculing analysts who downgrade at lows. but the downgrades don't necessarily mean there will be further weakness as much as there will be continued weakness. I would have to agree that (unless something extraordinary were to occur) AAPL is dead money for the near-term, at the least. in these mkts, companies priced-to-perfection get sliced if they warn, and killed if they warn for the wrong reasons. and AAPL got killed. for a company that had yet to prove it's growth story, the warning carried the worst realization possible... lack of demand, not lack of supply, is the cause. may god have mercy on all longs sell the plane