To: Linda Kaplan who wrote (22489 ) 1/14/1999 3:10:00 PM From: Adam Nash Read Replies (4) | Respond to of 213173
Apple looks like it will continue to be a good-times stock. I mean that in good-times, people recognize the value in the company and its valuation, and bid the shares up. In times of trouble, Apple seems too "risky", despite the financials. That seems to be dominating today. Just try to remember that Apple was in the low 30s just a month ago. If it continues to drop more than the market, I think this will be an excellent buying opportunity. I think if you can get AAPL in the mid-30s, you might see a 50% gain (50) by the next earnings announcement, since it is clear Apple will beat earnings estimates again. AAPL's average price keeps moving up, it's just very very volatile, which makes sense given the huge perception change that has to happen for Apple to succeed. ----- OT ---- On a sad note, my brother's iMac died last night when installing Mac OS 8.5. Just blinking ? city. Clean installs, newest driver, zapping PRAM, and blessing System Folder's be damned... The verdict is that the orginal format (from the factory) must have been a little goofed, and Mac OS 8.5 tripped on it somehow. Problem is, although he can boot off CD, how does he backup his stuff? Can't use a SuperDrive - that requires the USB driver which is not on the CD. Can't use TCP/IP and FTP, not on CD. Only 2 solutions: 1) Appletalk to another machine (hoping someone has enough space). 2) USB Hard Drive. Unfortunately, the USB Hard Drives aren't in stock anywhere yet. I'm considering just buying him a new iMac, having him transfer his stuff to that, send me his old one. I'll reformat it, fix it, and sell it. How much do you think a Rev A iMac is worth?