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: Barnhart who wrote (21929)	1/6/1999 10:42:00 AM
From: Murrey Walker	Respond to of 213173

That the G3's are not to be had and Jobs introduces iMac in tutti frutti colors should say something about the direction Apple is taking.

To: Barnhart who wrote (21929)	1/6/1999 10:46:00 AM
From: Andrew Danielson	Read Replies (3) \| Respond to of 213173

Cornered shorts?? Cornered analyst?? I'm trying to figure out the CIBC downgrade. The timing of the downgrade is no coincidence. Either a) The analyst actually found something so bad in the middle of all that good news, that he/she felt compelled to downgrade or b) The downgrade is a defensive move from an analyst who feels cornered or represents shorts who feel cornered. I'm not usually a conspiracy theorist, but when you've got the sheer # of shorters out there interested in seeing this stock go down, you have to consider the possibility. The alternative, of course, is that the analyst, who has long had a hold rating on AAPL, convinced that the company would fall apart at any minute, is simply becoming more and more anxious. Have you ever sat at a red light and tried to predict when it would turn green? "Now!" you yell, as the light stands obstinently crimson. You wait a second or two, and convinced that this time you'll hit it, you yell "NOW!" with a little more enthusiasm. The pattern repeats on a quickening basis, as you grow more impatient. Well, perhaps Mr. CIBC has just been sitting at that red light a little too long. . . Andrew