[Ti] The Latest

Michael Bigley wakinyan at fuse.net
Thu Apr 17 09:27:38 PDT 2003


>In after-hours trading Wednesday, Apple shares were down 17 cents, 
>or 1.3%, at $13.07, compared with a 4 p.m. EDT closing price of 
>$13.24, according to Nasdaq.com.

Only Apple!  $14 million in quarterly profit in a WEAK economy; beats 
analysts estimates; other computer manufacturers are reporting 
losses; quarterly sales of over $1.4 BILLION... and their stock goes 
down.  Recent analysts estimates of Apple's stock also showed them to 
be undervalued, with a "true" value of around $25/share.

Apple needs to clean house on their PR arm! Hire whoever did the PR 
for Microsoft during their anti-trust troubles... they went from the 
"evil empire" according to testimony and depositions by technology 
and industry experts to "poor orphan Annie being crushed by big 
government" in a couple of years.

While us evangelists and users enjoy the value of Macintosh, Apple 
obviously has an "ugly" image in corporate America. That's all about 
PR.  With the numbers that Apple has fairly consistently produced 
since Jobs' return, they should be a Wall Street darling rather than 
an ugly duckling at their current valuations.
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Mike Bigley                Maineville, Ohio
       http://www.norbertrunning.com
Please support an American Indian Elder &
Medicine Man by visiting the above link.
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