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


To: J R KARY who wrote (24087)4/17/1999 10:26:00 PM
From: Marc Newman  Read Replies (1) | Respond to of 213177
 
<<I suspect with all the executives regularly supplementing their income without compunction a buy back would be rightly perceived as being abused.>>

Can you amplify that a bit? Is there any sort of backlash against MSFT or DELL for buying back stock even though the CEOs keep dumping tons of stock? The buyback sure worked out for NOVL, even though they were mostly just buying back enough to keep sharecount steady. Apple should at least do the same.

I think you are on to something with the options--May might be the last time we see Apple be pushed down.

Btw, the big iMac landed in Berkeley. One of the giant inflatable ones seen on the Apple campus and over the computer store on Market Street. It was on Oxford at the entrance to UC-Berkeley Friday. Probably for the Cal Day "open house."

When I was walking down there today a group passed me and a girl was saying, "I like the green one, but ..." Maybe I'm biased, but of course I assumed she was talking about the iMac.

Well, only two or three months until we get that fourth revenue stream. I bet the stock price is over $50 at that point. In fact, maybe I'll open up an options account just to try to take advantage.

Marc