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


To: Lee Nelson who wrote (59631)12/27/2006 6:39:47 AM
From: clean86  Read Replies (1) | Respond to of 213182
 
Regarding the search for an explanation for the recent downtrend, someone on the Yahoo AAPL board made an oblique reference to the idea that pension funds and other tightly regulated or highly conservative accounts may be selling simply because AAPL is late with their regulatory filing.

I have no idea though how many shares might have been owned by such entities.

It sounds like a plausible contributing factor to me, what do you folks think?


CNBC announced this morning that the SEC was launching a criminal probe into the options issue and that Jobs had hired his own Attorney to deal with the issue. The story also said that the issue included falsified options documents by company officials. Story will be fully detailed with the Reporter that broke it at 8 AM EDT today and then may be on the CNBC web site after that.

If Jobs is found guilty in this matter and removed from office Apple is in Deep dodo IMHO and the stock will tank. Hopefully this will be resolved soon since MR Market hates uncertainty to quote one of the talking heads.

It will be interesting what happens here but if they are just reporting the SEC deal today people closer to whats going on probably knew last week.