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


To: Zen Dollar Round who wrote (12014)4/22/1998 4:16:00 PM
From: Barnhart  Read Replies (1) | Respond to of 213176
 
I'm assuming it's because there were no big surprises. I guess we will just have to sit quietly and be patient.

Brian



To: Zen Dollar Round who wrote (12014)4/22/1998 4:24:00 PM
From: Andon  Read Replies (3) | Respond to of 213176
 
<Gad, Apple blows away estimates by 150% and this is all we get?>

Yeah. Ain't it a bitch?

I wonder how Andon knew that the stock was going to hell?
All that wonderful inside information that we had was worthless?
You mean that this thread is just a circle jerk among Apple groupies?

I don't get it?



To: Zen Dollar Round who wrote (12014)4/22/1998 4:34:00 PM
From: Linda Kaplan  Read Replies (1) | Respond to of 213176
 
Roy: PIXR closed up 2 points today at 38-1/2. I wonder if Jobs' failure to announce permanent CEO status affected both APPL and PIXR. It's very hard for me to determine what he's worth to Pixar's stockholders. I myself tend to underrate his importance there. But, Pixar has deals to be made and he's a great dealmaker, so it's quite possible that most of the stockholders consider him to be very valuable to the company.

Pixar stock started trading higher earlier in the day but by the day end was climbing quite strongly.

Looking at Apple, even though Anderson says everyone is just so grateful to Jobs for what he is done they don't care if he has the permanent title, I don't think most stockholders agree. They want a commitment from Jobs.

Linda



To: Zen Dollar Round who wrote (12014)4/22/1998 7:15:00 PM
From: John F. Dowd  Read Replies (1) | Respond to of 213176
 
Is there any truth to a story about Intuit not supporting Apple products in the future? In the 15 mins. allowed for editing found this over on the Intuit thread and answered my own question:
Bloomberg
April 20, 1998, 5:59 p.m. PT

Intuit to Quit Developing Quicken Program for Apple Macintosh

Mountain View, California, April 20 (Bloomberg) -- Intuit
Inc. said it will quit developing new versions of its flagship
personal-finance software program Quicken for Apple Computer
Inc.'s Macintosh computer, citing declining sales.

Intuit sent letters to its 365,000 Macintosh Quicken
registered customers on Friday notifying them that it will not
produce a new Macintosh version of the software this fall. Intuit
will continue to sell Quicken 98 for the Macintosh, and users
will be able to receive updates through the Internet, said Adam
Samuels, an Intuit spokesman.

Intuit's announcement highlights part of the problem facing
Apple, which has had trouble persuading software developers to
write new programs for its computer system. Software developers
have less incentive to write programs for the Macintosh computer
as Apple continues to lose market share, which is now less than
3 percent from 9.4 percent a few years ago.

''Our Quicken for Macintosh sales had declined,'' Samuels
said. ''If Apple were to return to the consumer business and
there was good growth in the consumer marketplace, we would
consider coming back.''

JFD



To: Zen Dollar Round who wrote (12014)4/23/1998 1:24:00 AM
From: Sam Scrutchins  Read Replies (1) | Respond to of 213176
 
I see that AAPL dropped dramatically in the last 20 minutes of trading today. It was only down 1/2 most of the day, then dropped another full point in the last 20 minutes to close at 27 1/2, down 1 1/2.

I watched this stock closely for the last hour or so. Most of the drop came on less than 100,000 shares, and most lots were small. It is pretty clear to me that the MM's used the excuse of a lack of announcements at the shareholder's meeting, and the attendant lack of significant buyers of the stock, to rapidly drop the price at the close. Literally, the stock would tick down on sales of a 1,000 shares or so. The MM's would not come in to support the stock. letting it fall. Why you might ask? Simply to enable themselves to replenish their inventories at lower prices in anticipation of another runup with the early May announcements. Watch and see. I'll bet you want see the stock ticking up on every 1,000 share trade.