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: Phillip C. Lee who wrote (8223)	2/4/1998 9:40:00 PM
From: soup	Read Replies (3) \| Respond to of 213177

Bill Gates hit by cream cake in Brussels. cnn.com Couldn't happen top nicer billionaire.

To: Phillip C. Lee who wrote (8223)	2/5/1998 8:37:00 PM
From: Edward Boghosian	Read Replies (1) \| Respond to of 213177

Very good analysis from an aspect that is barely touched upon and most people are quite ignorant of. Ed

To: Phillip C. Lee who wrote (8223)	2/6/1998 2:09:00 AM
From: Marc Newman	Read Replies (2) \| Respond to of 213177

Phil, I don't know anything about Firestone except what I read in the Recon piece. Morgan thought he would be seen as a very positive choice by the Street. As far as the currency and the current quarter, yes these factors might spur purchases of Macs, and yes, if Apple did beat last quarter's revenue while continuing to cut expenses it would be one of the top ten stocks of the year, but Apple will get little to no benefit from currency swings. Every major company hedges like mad so that swings don't affect them. Numerous people have told me this and I've read it in the WSJ, etc. It seems that every time currency swings are favorable to Apple someone brings this up. I seem to remember it being mentioned sometime in 1997 (the poster was convinced it would mean a windfall worth tens of millions) and it ended up making no difference at all. Marc