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To: HerbVic who wrote (21967)1/6/1999 5:05:00 PM
From: .com  Read Replies (2) | Respond to of 213173
 
"One analyst was being interviewed about the practice of using options for insurance, and he used AAPL as an example of a company that might be back in the low 30s since CIBC Oppenheimer had just downgraded, and suggested options as a hedge."

Actually, the guy being interviewed was from CIBC Oppenheimer.



To: HerbVic who wrote (21967)1/6/1999 5:06:00 PM
From: Mark Palmberg  Respond to of 213173
 
I LOVE this guy:

In an interview, though, Mr. Jobs argued that most consumer buying is concentrated in the $1,000 range because those computers contain the enhanced features that customers want. "The products you get down below that are junk," he said.

Go get 'em, Steve!

Mark



To: HerbVic who wrote (21967)1/6/1999 7:10:00 PM
From: HerbVic  Read Replies (1) | Respond to of 213173
 
Re: CIBC Oppenheimer downgrades issue from "hold" to "underperform."

I just wanted to make one more post, this one to CIBC Oppenheimer. Not that I think they follow this thread, or even have the time to. It appears they are quite busy these days. No, it is my hope that someone who follows this thread knows someone at CIBC Oppenheimer and will pass it along.

Just three little known quotes:

"So we went to Atari and said, 'Hey, we've got this amazing thing,
even built with some of your parts, and what do you think about
funding us? Or we'll give it to you. We just want to do it. Pay our
salary, we'll come work for you.' And they said, 'No.' So then we
went to Hewlett-Packard, and they said, 'Hey, we don't need you. You
haven't got through college yet.'"
--Apple Computer Inc. founder Steve Jobs on attempts to get Atari and H-P
interested in his and Steve Wozniak's personal computer.

"Stocks have reached what looks like a permanently high plateau."
--Irving Fisher, Professor of Economics, Yale University, 1929.

"Those who ignore the past are doomed to repeat it."
--I can't remember.

COVER THEM SHORTS, B-A-B-Y!
HerbVic



To: HerbVic who wrote (21967)1/6/1999 9:37:00 PM
From: Linda Kaplan  Read Replies (1) | Respond to of 213173
 
The guy who gave the example of AAPL going to 30's works for CIBC, the company that downgraded AAPL today. Talk about a double whammy. They really went after AAPL and it sure hurt ME and you and the rest of us.

I didn't catch exactly what his strategy was. What options did he want us to buy exactly, to hedge our positions?

Linda