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

To: Richard Habib who wrote (23976)	4/14/1999 5:18:00 PM
From: MeDroogies	Read Replies (1) \| Respond to of 213177

Thanks. I am not uniformed...I may be uninformed, though. I still doubt it. AAPL, as a turnaround (after so many good qtrs?) shouldn't have to show as much as you say they should. In fact, judging from where they've come, and the fact that they are more than just a box maker, I find that kind of logic ridiculous. Based on what they offer, and what they are up against, they have shown, over the last 6 quarters, that they are solid, growing and taking share back. That says loads more than anything else that you and the Street try to read into the #'s. As for ORCL, I AM completely uninformed there, but I'm up over 50%, so I don't really care too much. I'm just pissed that ORCL gets battered for being #1, while they are still growing. I don't think I've ever said anything on the ORCL thread that indicated that I "knew" something (though I do "know" something about AAPL, and I suspect that it will alter some people's perception of them in the very near future). You didn't want to get personal, but you did. And you didn't have to.

To: Richard Habib who wrote (23976)	4/14/1999 5:19:00 PM
From: Scott Crumley	Respond to of 213177

MeDroogies, I don't want to get personal but you are an uniformed investor. I've always thought the Droogster was a "multiformed" investor, but you do appear to be the expert here.

To: Richard Habib who wrote (23976)	4/14/1999 5:19:00 PM
From: Mark Palmberg	Read Replies (1) \| Respond to of 213177

**OT*** Apple will test it's highs and perhaps break thru by July when it has brought it's 4th revenue stream on line and has straightened out it's PB Pro revenue stream. Don't worry about it. AAAAAAAARRRRRRGGGH! I can't take this anymore! http://www.rain.org/~gshapiro/its.html **END OT** Love, Mark PS Apple RULEZ ;) Hey, this is getting just like a Yahoo! board!

To: Richard Habib who wrote (23976)	4/15/1999 8:28:00 AM
From: rhet0ric	Read Replies (1) \| Respond to of 213177

Apple has single digit top line growth. HWP, Dell and GTW and Intel have double digit top line growth...Regarding margins, they are down sequentially, yet the Blue G3 was launched this qtr. I have a lot of trouble understanding these arguments. You seem to be saying that two things cause AAPL to be valued lower than its peers, but both are wrong: 1. Top-line growth: It's true that, at 9%, Apple isn't seeing double-digit top-line growth (just). But that compares to 6-8% expected for HWP. CPQ is lower than HWP. DELL and INTC are higher, but that growth is heavily priced into their stock. In addition, Apple's 9% revenue growth was through 27% unit growth, which is double the industry's average. 2. Margins: Apple's margins declined sequentially. True, but this is the first sequential decline in what, 6 quarters? And, again, Apple's margins, at 26.2%, are higher than its peers; Dell's most recent margins were 22.4%. The surprising things is not that Apple's margins declined slightly for the first time in ages, but that they have been able to raise them so long even while introducing a low-priced consumer product and increasing market share. Then you need to look at all the other positives. Apple has great products (contrast all PC makers), great inventory (contrast Compaq), it's not caught in the quagmire of the corporate market (contrast all PC makers), it is tying itself to the Internet rocket through the highest Internet adoption of the industry, it has great leadership, it has great new products in the pipe. What's not to like about this company??? A well-informed investor knows that Apple is an incredible buy right now. rhet0ric