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

To: y2kate who wrote (28958)	9/30/2000 1:04:14 PM
From: J R KARY	Read Replies (2) \| Respond to of 213176

Quarter ends 9/30 ; straight line price with huge volume Posted earlier it ended 9/26 but 9/30 end may allow some opts to not be included in 4Q's EPS calc due to Friday's vol & price drop. Just a remote chance (quarterly weighted average share price) , and definitely not a benie we looked for this Q. Surprise still doesn't add up and AAPL's handling has been cited by the Street as grounds for punishment. Constrained shipments of the new product lines couldn't have been a surprise (not with the $10 mln opts man Mr Cook in charge) and a stale inventory was (Costco etc) apparently being managed. Could it be the 500mz G4s are not selling ? Not advertising the new iMac's speed bump-ups may be indicative. The higher priced G4s were to be the margin/revenue maker. Did AAPL think constraining the new iMacs and later the new iBooks would help the G4s sell ? You know what, doesn't matter and only silent AAPL knows but what counts is how they explain/handle it 10/18 . Yesterday's almost straight line price/vol looks like Muts exchanging shares. Price could be artificial but margin covering could ding any increase for a few days. It's been lonely out on the window ledge and after this venting I'm not gonna jump. Guess we will be reassuring each other here again like we did about 3 years ago. Jim K.

To: y2kate who wrote (28958)	9/30/2000 8:54:59 PM
From: JP Sullivan	Read Replies (1) \| Respond to of 213176

The entry-level Cube ($1799)--which is suffering in sales-- should not have been priced higher than the entry-level G4 ($1599), the slightly higher (450 vs 400 MHz) clock speed not withstanding. I'd be happy to see a Cube at $1099. Now, that would give people pause, especially the fence sitters. I can't help but think there is more to the earnings shortfall story than meets the eye. There is another shoe waiting to drop come 10/18. Good or bad, I don't know. I mean, why would SJ want to wreck his great performance (until last Thursday, that is) with this kind of news and at such a time? Unless he had no choice, or he's got something else cooking. In any event, I have seen CEO's of other companies manage bad news much better than has Mr J thus far. Some shareholder handholding and efforts at damage control at this point would not be inappropriate. But we get silence. Since SJ is a highly scripted guy with a penchant for drama, he's got to know the effect his bombshell would have on AAPL's price. Did he intend for the bloodletting to occur? If so, it's a dangerous game he's playing.

To: y2kate who wrote (28958)	10/1/2000 10:33:24 AM
From: Tony Wang	Read Replies (3) \| Respond to of 213176

Apple should really consider stepping into the real world of declining price computers. They will instantly see why their sales drop first in a slowing economy. They are too expensive when compared to PC's with rebates of 25% from list price from the manufacturer or low rate financing. When the family budget will be impacted this winter with higher (much higher oil bills), the choice of an optional extravagance will inversely decrease. Is Apple losing market share or simply a bump in the road like Steve Jobs said it was? You know you can't trust CEO's no matter how much you like him; his utterances must be viewed as biased. Consider Armstrong of ATT, who said this January earnings will be met all quarters of this year, only to announce a warning 3 months later. The same thing happenned with Lucent. These guys are forced to be full of it by their positions. It looks like investors are selling first, and will think about it later. This is a sad story to a very good product.