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


To: Kurt Starnes who wrote (16583)8/13/1998 11:12:00 AM
From: Alomex  Respond to of 213177
 
Phil has called AAPL this year better than anyone in this form.

Yes in day to day trading, not in revenue calls, where he has kept his hype machine working over time.

Congratulations Alomex! You have figured out a way to always be right! Bearish sentiments coupled with a stated long position! 8-]

Quite correct. But if you think about it calmly only a "deranged" bull can be out and out optimistic about a company which six quarters into a turnaround effort has not posted increasing revenues even once.

That just goes to show how great are the challenges lying up ahead for Apple, challenges that keep me from recommending this company outright.

You should try to see the whole picture too, and not get overly focused in small technical issues. Neither the speed of the G3 nor the nice PowerBooks were enough to have increased revenues (though they certainly stopped the free fall). The clearcase iMac is but one step in a long journey, many traps lie ahead (Rhapsody snafu anyone?).



To: Kurt Starnes who wrote (16583)8/13/1998 2:15:00 PM
From: Zen Dollar Round  Respond to of 213177
 
Phil has called AAPL this year better than anyone in this form. And certainly anyone that reads these forums is smart enough to use the posts here only after doing their own research. Is Phil somehow liable for his enthusiastic posts if other people lose money based on his advice? On the other hand, if some were blindly following advice from SI, Phil's is the advice you would have wanted to follow!

If you're talking about pure AAPL stock price prediction, no one here has been more accurate than High Grader's Elliott Wave forecasting (using Elwave software) of AAPL's price since mid-May. He's hit the highs and lows within 50 cents accuracy several times. Even if you don't agree with Elliott Wave theory, it's hard to argue with his results so far. Check it out at elkvalley.net

As for more general Apple forecasting such as earnings per share, unit shipments, revenues, expenses, etc., etc., I've found Eric Yang and Phillip C. Lee to be very accurate and worthy to read as well. Sam Scrutchins deserves a nod here for posting about his day trades and TA, and many others have contributed quite substantial commentary to this thread.

I enjoy reading it all and believe the inherent debate is healthy. If someone gets out of line or makes wild prognostications, either bullish or bearish, they are soon asked to explain themselves and back up their statements.