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A River Runs Through It (1/4/00)
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Wow. Regular viewers of AtAT are well aware that we, your friendly producers, keep our money well away from the stock market-- but we do keep an eye on Wall Street, because it's a fun way to see how different companies are doing, relatively speaking. Plus there's always the chance for high drama. So Tuesday night we pulled up a list of tech stocks just to see how the day's trading went. Can we just say this: we haven't seen so much red all at once since Amelio was running Apple. Dell, IBM, Sun, AOL-- everything was down, including our beloved Apple, whose stock dropped nine points in a day. According to a ZDNet Inter@ctive Investor article, the tech-rich NASDAQ had its single worst day in history, losing 230 points before the carnage was over. Medic!
Interestingly enough, AAPL shed those nine points on the very same day that analyst Richard Gardner of Salomon Smith Barney upgraded Apple's stock to "outperform." Gardner expects AAPL to rise shortly due to "positive announcements at the show, a solid earnings report on Jan. 19, and a potential stock split"; his price target is now $115. Meanwhile, a river of blood runs through Wall Street, apparently caused by a combination of profit-taking and concerns over a potential interest rate hike next month...
The points that AAPL lost on Tuesday only just cancelled its gains from Monday, so it's not a disaster or anything. In fact, the phrase "buying opportunity" springs to mind, especially given the fact that Steve Jobs will be delivering his Macworld Expo keynote address on Wednesday morning-- you all know what usually happens to Apple's stock after Steve runs the RDF for an hour or two. We're expecting a rebound, big time.
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SceneLink (2015)
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And Now For A Word From Our Sponsors |
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 | | The above scene was taken from the 1/4/00 episode: January 4, 2000: Pismo's light-up keyboard is nowhere to be seen, much to our eternal sorrow. Meanwhile, it's a slaughter on Wall Street, even as AAPL racks up another upgrade from Salomon Smith Barney, and what lies in store for computer fashion in 2000 and beyond?...
Other scenes from that episode: 2014: Typing In The Dark (1/4/00) Like a dagger in our collective heart! That's what all those tips from faithful viewers felt like yesterday, as they dashed our hopes against the rocks of despair. Yes, friends, while we struggled to keep hope alive, message after message streamed into AtAT headquarters informing us that Pismo, the new PowerBook expected to be unveiled during Uncle Steve's keynote address on Wednesday, will not ship with a light-up keyboard after all... 2016: Sashay Down The Catwalk (1/4/00) The year 2000 is already four days old, but Salon Magazine's finally gotten around to issuing its predictions for the year ahead. (Thanks to faithful viewer Jim for giving us the heads-up.) Topping the list of expected changes ahead?...
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