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

To: Dr. Id who wrote (24238)	4/21/1999 12:15:00 PM
From: Mark Palmberg	Read Replies (1) \| Respond to of 213177

Can someone convince this long-term holder why he shouldn't bail? No one can do that but you, Jeff. I'm inclined to wait on this one until OSX and the consumer portable come out. If Apple doesn't get any respect then, dump it. But you've held this long, you might was well wait another couple months. I feel your pain. But of course my new iMac helps soothe me during my most trying times. ;) Good luck. Mark

To: Dr. Id who wrote (24238)	4/21/1999 12:27:00 PM
From: WebDrone	Read Replies (1) \| Respond to of 213177

Jeff, where else you gonna put you money? What cool thing are you going to buy? That's my best arguement for anything. Web

To: Dr. Id who wrote (24238)	4/21/1999 12:34:00 PM
From: MeDroogies	Read Replies (1) \| Respond to of 213177

I could give you a million reasons to put your money somewhere else...but then all those other places are pretty overvalued as it is. I can only give you one reason to stick with AAPL - it's a solid company that is defying people's expectations - and tell you that it IS very undervalued and worth purchasing more of. I agree the Street doesn't respect AAPL. I agree with the line that alot of us may be deluding ourselves. I think in the long run, we will be rewarded, however. Maybe not the way the people in RNWK were yesterday (what a crock - a company loses money and traders throw money at it), but somebody is going to notice that AAPL is very inexpensive. As I said before, I bought AAPL when I heard a few of my friends say they were fed up w/Wintel. Now I hear more of them saying that, as well as hearing kids say how they like the "look" of the iMac. I've never heard of a computer selling on looks before, but I guess Jobs hit the right button there. I suppose he'll hit a few more down the road.

To: Dr. Id who wrote (24238)	4/21/1999 3:51:00 PM
From: jbe	Read Replies (1) \| Respond to of 213177

An answer/question from someone who has eyeballed AAPL from time to time, but never purchased it... In the first place, the computer industry as a whole is in disfavor right now. If it is any comfort to you, over this past month AAPL's price performance has been as good (or as bad, depending on how you choose to look at it) as Dell's & Gateway's, and better (or less bad) than the performance of the rest of the pack... Now, just how "cheap" is AAPL? Granted, the valuations are low; granted, it has produced four positive earnings surprises in a row...But then there are other factors. One may be dismissed as a demonstration of Wall Street anti-Apple prejudice: namely, lower projected earnings estimates for the next fiscal year. But how about the one-year 37% sales decline? (Figures from Telescan.) Shouldn't that give one pause? I am not saying it should. I am just wondering how one should calculate in all these factors when deciding whether a stock is "cheap" or not. At the same time, I will admit that as someone who bought CPQ when it too seemed cheap -- and profitable as well -- I have a tendency now to be over-cautious. jbe