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: soup who wrote (15627)	7/15/1998 10:23:00 PM
From: Alomex	Read Replies (2) \| Respond to of 213177

Frankly my dear, I don't give a damn. Hi ya' soup. I'm glad to see you still remember the good ol' times! About Apple: Since January 1998 my opinion about AAPL has changed quite a bit. Currently stands at "Apple is no Dell, but it ain't Titanic either". Before Jobs took over, it was heading straight towards the 'berg. I did not buy early on into SJ as I have read plenty of accounts about his mistaken ways, but he surely seems a more mature person (walk out of CNN and all)... Will Apple ever post growing revenues? Well, I think revenues will be slightly larger next quarter, but not spectacularly so (say 5% revenue growth). Christmas will be a better yardstick. If the iMac is a success we could see 10-15% on top of the 5% next quarter. I still find this thread overly optimistic about Apple (myself included). Excep for Richard and reth0ric nobody else saw the obvious fall in revenues. C'mon folks, we can do better than that. Eric seems to have figured out the exact cost structure of Apple. We only need a good estimate of sales and we can outdo the analysts even more. I'm up 21% on Apple over my initial purchase a month ago, having taken profits twice (at 10% and 20%). The last chunk I'll sell only after substantially higher gains...

To: soup who wrote (15627)	7/15/1998 11:14:00 PM
From: John O'Neill	Read Replies (2) \| Respond to of 213177

Odd that AAPL is making a "sexy" computer that has a "built in 15" monitor with no floppy drive no choice just what AAPL says they should have....they appear to be moving in the opposite direction to the computer industry. Just like Job's screwed up before ..he's doing it again ..wanted to control the OS and hardware...How many PC owners are going to cancel their ZIP drives and leave Windows just to own the "sexy, translucent Mac" The company is doomed Good chance to buy puts tomorrow JO

To: soup who wrote (15627)	7/16/1998 10:06:00 PM
From: Adam Nash	Respond to of 213177

Hi Everyone, I'm back again, so just thought I'd add my 2 cents to the mix. Apple is now doing what I always knew they could: manage their business well. Apple is a company with $6 billion in sales and 140 million shares - it should be easy for it to earn $2 a share on that alone. This is gratifying because in the short term, all the street sees in the $$$ on the bottom line. However, now that Apple has done that, they face the more daunting task, and the one that will really define AAPL stock for the next 5 years: growth. Apple has gotten pretty much all the gains it will get from margin improvement. Apple needs top-line growth to help them sustain the type of earnings growth that wall street demands. If you assume, long term, that Apple's margins will stay where they are (unlikely, since they are fairly high now), Apple needs to start generating revenue growth of at least 15% to make them credible. Some people argue that the most important thing is strong unit growth, in the end, it will be the tech market that decides. I think that the stock and tech markets are wound around each other: people evaluate technologies nowadays based on the stock performance of the company pitching them. If Apple delivers top-line growth, wall street will declare the turnaround official. If that happens, expect to see good progression from the stock (ideally, if margins remain the same, at least 15% a year). In the short term, beware, Apple's P/E is a little high now given their earnings growth rate, etc. I'm not saying anything bad will happen - however, there is a lot of the good news priced into the stock at this point. Well, hope that was long enough for you. :) Feel free to ask any technical or corporate culture questions. Boy, the mood on the campus is AMAZING these days. Everyone is feeling good and in-the-money. BTW 8.5 looks great. Good things coming on the HW side too.