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


To: HerbVic who wrote (22961)2/2/1999 4:59:00 PM
From: soup  Read Replies (2) | Respond to of 213173
 
To all: I don't like AAPL's price action either, but I've come to accept that, for the time being, it's going to be manipulated by Market Makers who have more to gain by screwing call option holders than they have to lose by selling down AAPL stock. (Where is DELL's Max-Pain point anyway?)

Hence the sell off on low volumes and the weird [How can a company be accused of both product shortages *and* channel stuffing.] and arbitrarily timed analyst revisions. What's happening has little to do with the market and even less to do with the company.

It's for this reason, that I urge those who don't absolutely know what they're doing* (and I do not count myself in that group) to stay away from short term plays.

Don't just think different. Think longterm.

[That said, I think anyone who has lost money on AAPL short-term options should file a *written* grievance with the SEC. My understanding is that while it's legal to talk/trade a stock up or down, you can't do it order to make profit on a corresponding option.]



To: HerbVic who wrote (22961)2/2/1999 5:50:00 PM
From: soup  Respond to of 213173
 
Cribbed from Raging Bull >Weekend iMac purchasing experience (NYC) --

Second stop: Walked up to Tekserve (West 23rd St). Alas, alack, they close at 4:00, and we showed up at 4:30 (Sorry, soup!). Next!<

ragingbull.com

To summarize this post, TLB shleps his friends around to four retail outlets -- The Wiz, two CompUSAs and Tekserve -- before deciding to order their iMacs online.

To make a long rebuttal short, I summarize a (somewhat dated but wonderfully poignant) description of Tekserve from its Website:

>What Is Tekserve?

We are electronics engineers who use Macs to design products (robust public access audio/video equipment, industrial controls, Macintosh based product simulators, etc.). When our Macs started breaking, the repair costs shocked us, so we learned how to fix them. Then we started fixing Macs for clients.

Instead of charging what the market will bear, we try to follow a fair price model. We're pleased to work on all Macs from the original 128K and Plus to Quadras, Power Macs and PowerBooks. Due to our repair skills, we are also able to offer trade-ins for dead Macs, PowerBooks, mice & keyboards and apply them toward other purchases.

We fix Macs fast, usually the same day-analog, power supply, logic, floppy and hard drive repairs. We specialize in PowerBook repairs and have a large stock of spare and replacement parts. We perform fast economical data recovery on crashed and damaged hard disk drives. We also stock a wide variety of cables and accessories, including Absolutely the Best SCSI Cables, active terminators, AppleTalk & high speed modem cables, hard drives, floppy drive head cleaning kits, and other good stuff.

At Tekserve, you may wish to relax on our porch swing and enjoy a 10¢ bottle of Coca-Cola while we complete the work. Or browse the internet on our 128kbps ISDN connection.

Please feel free to stop by to see our shop and to say hello. We're open Monday to Friday from 9am to 6pm, and Saturdays from 10 am to 4 pm. We are closed on major holidays and holiday weekends.<

tekserve.com

A lot has been posted about CPU/BB horror stories and one answer is for customers to patronize vendors that do right. You do your friends a disservice by implying that it doesn't matter where they shop and that all vendors are equal.

Note: Not everyone needs Tekserve's level of service, but many -- particularly professional users -- do.

Bottom line: If you can't discern the difference between buying from a mass-market appliance retailer and an Apple-authorized, Mac-only, full-service provider, you'll likely get the buying experience you deserve.

On the flip side, customers need to be repsonsible in terms of doing their own research in terms of defining what their needs are and budget is. (The Apple Store is an excellent resource for pre-shopping as well as purchasing.)

To quote an elected official responding to a reporter about political shenanigans:

"Hey, the voters ain't no jewels neither ... "