Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: BillHoo who wrote (29020)	10/2/2000 3:15:22 PM
From: Dave	Read Replies (1) \| Respond to of 213176

Steve Jobs as Moses: "Where's your God noooow Moses!?" If Jobs wants to deliver Apple from the angry Romans, or Egyptians, or whatever this twisted analogy requires, he should do something Insanely Great with Apple's big warchest of $15/share in cash and investments. How about announcing a dividend of $0.50/share per quarter? There is no excuse for a company owning more than half of its market capital in cash and investments, unless they're a mutual fund, in which case they're quite overvalued. Obviously Apple is incapable of investing its cash in R&D, because its R&D charges have been miniscule lately. So maybe they should give that cash back to the investors rather than blowing it by the billion on high-flying Internet bubble stocks like Akamai. Or has that changed? Is the big surprise awaiting us on October 18 that Apple HAS been reinvesting its riches in Apple? Is Apple's surprising earnings shortfall, despite its 40% revenue increase, due to unannounced spending on an AppleWorld theme store, an AirPort-equipped touchscreen MacSlate with wireless Firewire, a DVD authoring package, and a purchase of Motorola's PPC chip fab? I sincerely hope so, because it's going to take surprises like that to lead this dog from to the Promised Land. But we'll know in a couple of weeks.