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From: chad@oscar.cs.byu.edu (Chad)
Newsgroups: comp.sys.mac.system
Subject: Re: * What's the deal with Apple's stock????
Message-ID: <1991May23.200149.10186@hamblin.math.byu.edu>
Date: 23 May 91 20:01:49 GMT
References: <1991May23.011719.16067@ncsa.uiuc.edu> <1991May23.045710.3521@njitgw.njit.edu> <1991May23.171414.19119@agate.berkeley.edu>
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--
In article <1991May23.171414.19119@agate.berkeley.edu>,
figmo@eris.berkeley.edu (Lynn Gold) writes:
|>In article <1991May23.045710.3521@njitgw.njit.edu>
|>gaines@mars.njit.edu (Starman) writes:
|>>Howdy,
|>>	I've been wondering about the behavior of Apple's stock lately.
|>>I don't own any, but I was expecting it to climb after System 7 was
|>>released. As of March 1, it was @50, reached 70, and was 45
|>yesterday.
|>>What's the deal? 
|>
|>Apple also announced there would be layoffs.  Stock always takes a
|>nosedive when a company has layoffs (as does employee morale, but
|>that's another matter).
|
That is not always true.  When DEC announced force reduction the stock
went up I believe.  It showed they were trying to be serious about
cost-cutting.  Announcment of layoffs <> lower stock.

*************************************************************
Chad Leigh 
Brigham Young University / on leave from DEC
chad@yvax.byu.edu /  chad@norge.enet.dec.com
*************************************************************