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: smartInvestor who wrote (16582)	8/13/1998 9:27:00 AM
From: Linda Kaplan	Read Replies (3) \| Respond to of 213177

Actually, HOLD is really a SELL. They almost NEVER give SELLs. We need to face it. We did not impress Suisse First Boston. Linda

To: smartInvestor who wrote (16582)	8/13/1998 9:43:00 AM
From: Eric Yang	Read Replies (1) \| Respond to of 213177

Here is what I've been able to gather about CS First Boston's "hold" rating. As you know CS First Boston analyst Charles Wolf upgraded AAPL back in Jan when Q1 earnings came out. Jimmy Johnson of AG Edwards also upgraded us around the same time. These were two of the most brilliant calls imaginable. These two analyst were among our list of "the Crazy Ones". macevolution.com Apparently sometimes between Jan and Aug, CSFirst Boston stopped coverage of AAPL.If you look at this article that was posted yesterday, Charles Wolf's comment on AAPL was very positive. I'll poste the link in a separate post since it is not formating correctly. So why would CS First Boston initiate coverage with a HOLD? I think Charles Wolf was given a new position. It appears that Wolf has been promoted to a new position. I found this quote in the article. "Charles Wolf, a director in the equity research department at Credit Suisse First Boston" They probably got a new analyst for the computer sector. The new guy must be one of the PC dude...at least we know he is not one of the Crazy Ones... Too bad. Of course some of this information still need to be confirmed. Eric

To: smartInvestor who wrote (16582)	8/13/1998 11:42:00 AM
From: J R KARY	Read Replies (2) \| Respond to of 213177

Bear votes are in: "a hold is a sell" , but may I ask again ? Smart, our "oracles" are in disarray , so its time to look inside the CS horse's mouth (Wolf) responding to a sell analyst (Rhinelander) : " The computer wars are over,'' Rhinelander said. ''Apple lost. It's time for them to move on to other technologies that aren't computer based.'' But Charles Wolf, a director in the equity research department at Credit Suisse First Boston, disagreed. ''Nobody knows what's going to happen. The fact is, there's an enormous build-up for this product.'' Wolf said there were an estimated 10 million Mac users worldwide, 30 percent to 40 percent of whom are using four-year-old computers. 'If 10 percent of Mac owners decide to upgrade to an iMac, that's a million units sold,'' Wolf said. ''That's an incredible performance. And after seeing the iMac, I think its doable.'' nytsyn.com nytsyn/1998/08/12/cndin/9764-0313-pat_nytimes%7C/home/content/users/im ds/feeds/nytsyn/1998/08/12/cndin/9961-0445-pat_nytimes%7C/home/content /users/imds/feeds/nytsyn/1998/08/12/cndin/974 So 1,000,000 units after all and a CS "director" initiates a "hold" ? Time for CS's preferred customers to buy ! Regards, Jim K. PS: Smart , I value that you supported your view on this with a factual link and the above link was from Eric's post.