|
The Other Other Wall St. (2/26/98)
|
 
|
| | |
If you've been tuning in to AtAT for any length of time now, you're very aware that when it comes to the stock market, we haven't a clue. Business finance just isn't our thing; frankly, the whole subject bores us to tears. About all we know for sure is the oversimplified notion that when a company's stock goes up, that's good, and when it goes down, that's bad. (Also, when Mickey's little hand is on the three and his big hand is on the twelve, it's nappy-noodle time.)
Based on that stunningly complex premise, we are happy to see that Apple's stock price had another good day, as it rose another point or so to close at 23 1/2. But for analysis that's any more in-depth than that, we're going to have to point you to Macintosh Evolution, whose Eric Yang seems to know quite a bit more about this stuff. For instance, today he has a bit on AAPL short interest which is really interesting. Or it would be, if we actually understood what he was saying. Most of it's beyond us, but the basic premise seems to be that the short interest fell over 7 million shares between last month and this month, to the lowest level in over a year. That apparently implies that stockholders that have been betting against Apple are now starting to lose their faith in Apple's imminent doom. Again, a frightful oversimplification, but that's the kind of beast we be.
So, given our preternatural aversion to any real financial analysis, we choose blithely to interpret Eric's data as good news. After all, who couldn't use a little more good news? Exactly.
| |
| |
 |
SceneLink (488)
|  |
 |
|
And Now For A Word From Our Sponsors |
| | | |
|
| |
|
 | | The above scene was taken from the 2/26/98 episode: February 26, 1998: Another promising Mac site ends its short existence on the Mac webscape, amid scandal and uproar. Meanwhile, Apple's new Powerbook smokes every other laptop out there-- and every desktop Mac, too; and Apple's stock continues its slow climb, as its short interest drops drastically since last month (whatever the heck that means)...
Other scenes from that episode: 486: Reality Bites (the Dust) (2/26/98) In recent months, MacNN Reality has grown to become one of AtAT's favorite Mac websites. However, much of their appeal arose from their posting of "sensitive" news, and we've been growing increasingly concerned recently that Reality could get shut down by, say, Apple's legal department... 487: Too Fast to Live (2/26/98) In a quick blast of happy news, O'Grady's PowerPage continues its "Wall Street Week" with a MacBench 4.0 speed comparison of Apple's upcoming top-of-the-line laptop with other high-end Macs. The results will make your knees buckle: a 292 MHz Wall Street broke the four-digit barrier, scoring a 1023...
Or view the entire episode as originally broadcast... | |  |
|
|
