updated 09:25 am EST, Mon October 28, 2002
Charles Schwab's new stock-rating system, aimed at "helping investors recognize underperformers," --the lowest available: "Per our analysis, Apple is pretty unattractive across the board. It's still selling at an above-average multiple of earnings and cash flow. Management is issuing shares (as opposed to buying them back), which we mentioned before that we don't like to see. And short-sellers are selling more and more of Apple short."