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From: gaynor@hpuxa.ircc.ohio-state.edu (Jim Gaynor)
Newsgroups: comp.sys.mac.misc
Subject: Re: Apple Stock Prices
Message-ID: <5561@nisca.ircc.ohio-state.edu>
Date: 11 Oct 90 13:30:25 GMT
References: <115070@tiger.oxy.edu>
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In article <115070@tiger.oxy.edu> pj@oxy.edu (Paul Jonathan Estalilla Go) writes:
>AAPL closed at $28 on Tuesday, $1 higher than the new low it established
>last week.
>
>(1) What are the reasons for the drop in stock?

	Apple is reorganizing their product line.  Drastically.  As well
as drastically reorienting their method-of-attack, going from the high
profit attack to market share.  Market share has much less short-term
profit, although the long-term gains are legion.  Unfortunately, American
business is terribly myopic in this regard, demanding immediate cash
gratification.

>(2) Wouldn't the stock shoot up after the October 15 intro?

	I wouldn't be surprised - but it won't be as much as some folks think,
since these machines aren't high-profit business oriented machines.  They're
low-profit, high-volume, home/small business machines.  Not the kind of
thing that gets stock brokers hot.

>(3) I saw Businessweek's cover, "APPLE COMPUTER", but I did not get a
>chance to read it - was it positive or negative?

	I didn't read it either.  <grin>

-=-
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