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You are here: MacNN Forums > Community > MacNN Lounge > AAPL stock going down... sharply.

AAPL stock going down... sharply.
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King Bob On The Cob
Mac Elite
Join Date: Apr 2002
Location: Illinois
Status: Offline
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Jun 19, 2002, 11:41 AM
 
I want your opinion on this. Is this as much as it will go down or will it keep going down throughout the year (Time for all of us to snap up Apple stock and hope that they release something REALLY good at Macworld.)
     
gumby5647
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Join Date: Sep 2000
Location: Carbondale, IL
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Jun 19, 2002, 02:15 PM
 
historicall, AAPL has always shot up a few bucks right before a Macworld expo. Then no matter what they say, or release, it will go straight back down afterwards.

I hate to say it, but MWNY is really a make or break point for the PowerMac community. They need to release some kick butt hardware, or give a Crystal clear direction of where the PowerMac is heading for the rest of the year.

Time is ticking, less than 30 days to go....
AIM: bmichel5581
MacBook 2.2 GHz Intel Core 2 Duo
4GB RAM
160GB
     
DNA man
Senior User
Join Date: Jan 2001
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Jun 21, 2002, 06:09 PM
 
The stock has gone down again today , even though the likes of DELL has moved up a little. Seems a little weird.
     
chris_h
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Join Date: Mar 2001
Location: East Texas (omg)
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Jun 21, 2002, 06:36 PM
 
The stock market has long been on my sizable 'Things that are Stupid' list.
     
Nebagakid
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Join Date: Sep 2000
Location: 'round the corner
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Jun 21, 2002, 07:26 PM
 
WEll, IF it is this low. The only place to go is UP!
     
Sealobo
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Join Date: Apr 2001
Location: The Intertube
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Jun 22, 2002, 01:26 PM
 
AAPL is very speculative for what i can tell. the price has little bearing on the company actual performance. the 10% off-target revenue warning does not justify the 30% drop in the last 20 trading days or so. also the two recent acquisitions, although relative small in considerations, show that the company is in good shape and knows where it's heading. I would say it's a good time to buy if and only if the price stabilizes in the next trading week.
     
   
 
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