Replies to post #18609 on Apple Inc (AAPL)

[WinLoseOrDraw]

Three years of bear market and corporate ripoffs and nothing has changed.

is this really surprising? look what happened on this very board over the past couple of weeks, the second the stock went up in sync with an upgrade, all sins were forgiven, "they must know something", "they're really smart", blah blah blah, it was like Meeker and Blodgett and Enron had never happened. yeah, ML looks like a real shit now, but just a week ago half this board was singing their praises.

its nothing but karma: investors have no one to blame but themselves as long as they remain willing participants in the deception because they think they personally will make a little jack from it. its bad form to enjoy the Street-induced financial orgasm and then complain when the condom breaks...

(not directed at you...)

[ljk]

Merrill was wrong and they won't forgive Apple. Where do you think Merrill got the idea there'd be iMacs announced at WWDC? From Apple, of course! Apple misled them, and not only that, screwed up beyond any imaginings. Who could predict a foul-up of this magnitude?

Everyone who has touted Apple in the past months feels betrayed now. The analysts are going to downgrade AAPL like crazy, though maybe not till they sell.

I don't think Merrill upgraded AAPL recently selling at the same time. I think they upgraded target to 39 intending to sell maybe at 37, but they weren't selling yet. Most people were caught off-guard by this announcement because no one could have anticipated a screw up of this size.

AAPL will be paying for this for a long time. SJ is the villian here. He was taunting Microsoft while he knew that the iMac problem was serious and had no solution. He has lost credibility by this.

I'm caught long and I'm angry, not at Merrill, who based their predictions on what Apple told them, but at Apple. Apple is totally at fault for this.

Linda