pelican

Alternative Buyers for Lehman (and Not Just the Usual Suspects)

Drivel.

Steve Jobs' Health: A Red Herring

I can't say I disagree with anything you say. But be careful blaming hedge funds for attemtped price manipulation - those paragons of morality - because you may be accused of being on a witch hunt. I think that's how it works these days. Anyway, I think the real question is why Apple lowballs its earnings forecast so much. If investors take it to heart, they they get screwed in the short-term; if they take it with a grain of salt, then what's the point because if Apple does come up a bit short on the "real" expected number, then the stock tanks anyway. After a while, investors get wind of the pattern and its probably better not to give projections at all.