Why is Apple tumbling today while Dell is rising?

• gopher

  • Total Posts: 295
  • Member Since: 2002-03-28
  • Send Message

  • [ Ignore ]

  Posted: 08 October 2002 10:02 AM

  I mean really, Apple is the only profitable hardware manufacturer.  What’s going on?  Profit selling?  The NASDAQ isn’t even significantly down.

  Signature

  http://www.macmaps.com/mac.php

       

• tbone1

  Moderator

  • Total Posts: 3912
  • Member Since: 2001-07-13
  • Send Message

  • [ Ignore ]

  Posted: 08 October 2002 10:23 AM #1

  Okay, folks, keep in mind that a stock’s price is not about what a company is worth. It is partly about what people THINK a company is worth. It is partly about what people think a company WILL be worth. It is partly about what people think OTHER people think a company is/will be worth. It is partly about ....

  In other words, don’t sweat it. In fact, if you really feel that way, ... oh, wait, there are laws about stock advice on the net.

  Signature

  Work is the curse of the drinking classes.
  - Oscar Wilde

       

• TMO Observer

  • Total Posts: 47141
  • Member Since: 0
  • Send Message

  • [ Ignore ]

  Posted: 08 October 2002 10:41 AM #2

  I’m just curious who the big seller is?

       

• DawnTreader

  Administrator

  • Total Posts: 21443
  • Member Since: 2002-01-04
  • Send Message

  • [ Ignore ]

  Posted: 11 October 2002 04:43 PM #3

  Stock prices will most likely be volatile for some time. Big swings in prices are not unusual and often times involve several buyers and sellers.

  Institutions will move in and out of Apple quite frequently and mutual funds often change the stock mix in their portfolios.