1. The only photos I've seen of Jobs look bad. He looks seriously ill in them.
2. People keep referring to his MacWorld appearance, which was something like a year ago. Has he not been seen at all? It seems like some paparazzi could make some big dollars getting shots of him getting into a car, leaving his house, or coming out of a doctor's office. If he really hasn't been seen by anyone except Apple personnel, his doctors and his family, that's telling.
3. The speculation about his health hurts the stock more than bad news would, IMHO. Sword, you keep up with all things Apple, is Jobs doing a Howard Hughes now?
Jobs does look gaunt. However, some of the pictures have been enhanced to make him look even worse. Time Magazine was particularly egregious in deliberately distorting a picture of Jobs to make him appear even more gaunt in an article about his health:
After they were caught at distorting Jobs' appearance (picture on the left), Time quietly replaced the picture with the one on the right.
2. People keep referring to his MacWorld appearance, which was something like a year ago.
Jobs gave the keynote address at the World Wide Developers Conference in June and the photo above was taken in October 2008.
3. The speculation about his health hurts the stock more than bad news would, IMHO. Sword, you keep up with all things Apple, is Jobs doing a Howard Hughes now?
Possible, but I doubt it. I think that Jobs had every intention of following through with his announced plans when his doctors hit him with something that they had probably had just discovered... the results of a test or something... that changed his plans from treating his problem with diet changes to something that requires more drastic treatment.