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

To: eims2000 who wrote (29003)	10/2/2000 12:13:35 AM
From: Marc Newman	Respond to of 213176

Things still remain very confusing. But one comfort is that next quarter should be much better due to reliance on the consumer and not education. Plus there shouldn't be any channel issues now that everything is full with new machines, even Circuit City. I've seen good sales locally, the head of ComputerWare was also quoted in the SF Chronicle as saying sales were great, and Monday's journal has this snip: <<And Joe Weingarten, an Apple dealer in Dayton, Ohio, said that sales at his outlet continue to be strong. Many graphic artists are upgrading to higher-end iMacs and many elderly people are buying Apple computers, he said. Mr. Weingarten also noted that in August, he sold 72 Apple machines, compared with 57 last year. And in September, he sold 53, compared with 45 in the same month in 1999. "We're seeing sales per unit actually increase," he said.>> And we know Apple store sales are up too. But the article notes that education market share did take quite a tumble this year. That could be the main culprit or it could be a real bungled job by the "cook" in refreshing the lineup too late and freezing orders with the preannouncements. Marc

To: eims2000 who wrote (29003)	10/2/2000 1:33:51 PM
From: sea_biscuit	Read Replies (2) \| Respond to of 213176

I think the individual investors have to take the lion's share of the blame for what happened to them, instead of blaming somebody else. I have heard many of them (in the case of a few other stocks which had similar insider selling followed by huge declines) rationalize away the heavy insider selling in so many ways -- that the big guys need to diversify, or that they have restricted "windows" in which to sell, or that they have sold only a part of their holdings... and on and on and on. So, I think the individual investors deserve what they got. In fact, they virtually asked for it! And now that they got what they were asking for, they begin to whine!