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


To: Dylan who wrote (10476)3/30/1998 7:07:00 PM
From: Sowbug  Read Replies (2) | Respond to of 213176
 
Hey, what's this about Iacocca? Koo Koo Roo? I don't understand, what do barbecued chickens have to do with making computers?

Oh, now I get it. AAPL is buying out KKRO. Will someone with a Yahoo account start spreading the rumor over there, please?



To: Dylan who wrote (10476)3/30/1998 7:12:00 PM
From: Michael Feldstein  Read Replies (2) | Respond to of 213176
 
Re: Motley Fool on Apple:

I don't see anything compelling in their argument. Sure, Jobs is able to hedge his bets and that doesn't send a terribly positive message to the markets. On the other hand, the guy is working long hours and taking a lot of heat trying to turn around a company in which he currently owns one share. He's not exactly raping the shareholders.

Furthermore, all the Fool really can say about Apple at the moment is that it hasn't yet executed a dramatic turnaround. Is that so shocking? Does anybody really believe that having somebody in there as permanent CEO could have caused the company to turn around any faster than it already has?

The relevant question is this: How much does Wall Street care that there is no permanent CEO in sight? Judging by the stock's performance today, not a whole lot. In fact, it would seem that both the Fool and conventional wisdom are wrong; the recent rise in Apple stock price was apparently *not* due to rumors that Jobs was going to have to...uh...doodie or get off the pot. If that had been the true cause of the price rise, then Apple would have given back its gains this afternoon.



To: Dylan who wrote (10476)3/30/1998 8:28:00 PM
From: RX4PROFIT  Read Replies (1) | Respond to of 213176
 
Spin of the Fool trying to Wag this Dog

The Fool's comments today reflect their lack of confidence in Apple's BOD and insinuate that Jobs, in maintaining 'interim' in his title, has them in check.

The media created the rumor of a 'Interim CEO Showdown at the BOD meeting' last week and now the Fool jumps on board and renders their "heretical" comments on the outcome to promote their Fools agenda prior to Apple's upcoming shareholders meeting.

Today WS demonstrated a vote of confidence in Apple and moved AAPL +9/16 accepting Woolard's account of the media's hyped showdown.

This is truly a spin of the Fool trying to Wag this Dog.

Yours truly,
Dennis



To: Dylan who wrote (10476)3/30/1998 9:07:00 PM
From: FR1  Read Replies (2) | Respond to of 213176
 
The Motley Fool report is just like WSJ articles:

1) No technical information or analysis of the product line.
2) No in depth technical look at upcoming products like Rhapsody.
3) No vision of where the business intends to go and how it is doing.
4) A whole lot of soft talk about yesterday's numbers and rumors.

Basically the l-o-n-g and boring article said the board should make Jobs yell "uncle" and say he is CEO. The Fool could have said it all in a sentence (but then there would be no article).

Why the board should make Jobs say the magic word CEO? - the Fool does not mention. The article pretended the board was real mad and going to tell Jobs to take it or leave it. A mindless newspaper rumor being spread even after death by the Fool in this article. It was never stated and even denied by board members over a week ago. I would post the relevant message but it is not worth the look-up time.

Oh yeah, the article can not be written without a generous sprinkling of brainless mantras. Example: "cult-like devotion that many Mac fans....". Meaning, of course, that we all buy Apple because we have been hypnotized and drugged. Rhapsody? Never heard of it.

There was one thing that he said that was interesting:

"Apple has made a number of good decisions ........and finally producing a computer for the sub-$1,000 market"

I have probably missed it, but what sub $1,000 Apple computer is he talking about? Hope somebody knows.

Today's computer results:

DELL = -5/16
CPQ = -1/4
IBM = -1 1/8
APPL = +1/2

Which one would the Motley Fool pick?



To: Dylan who wrote (10476)3/30/1998 10:05:00 PM
From: Andon  Read Replies (1) | Respond to of 213176
 
Unrelenting sell off for the next three months.
Intermediate low will be: $20-22
3-month low will be $13-14
Specific enough for you?