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Technology Stocks : Apple Inc.

AAPL 271.01

-0.3%

Jan 2 9:30 AM EST

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To: Richard Habib who wrote (16543)	8/12/1998 5:17:00 PM
From: J R KARY	of 213177

Rich to sum it up Eric sums it up , to AAPL above $ 40 that is ! " For the first time in nearly three years, Apple's stock price has closed above 40 points, the second consecutive 52-week record. The run-up in stock comes amid the pre-launch frenzy for the upcoming iMac, and the roll-out of new desktop Power Macintosh G3 systems. Eric Yang of MacEvolution says the smash through the 40-point barrier is probably due to the fact that for the first, in the past several years, Apple has shown that this quarter will probably show both revenue and unit shipment growth. That growth will most likely be spurred by the iMac, which has already received more than 150,000 orders from dealers and education channels. " maccentral.com I sure like Eric's THIMKING ! , and here's some reseller's views: " ...and some resellers are reporting that the buzz surrounding the iMac is actually increasing sales of Desktop G3 systems." Regards, Jim K. PS: Rich your views have merit but this is a period of euphoria - should extend to Seybold's 8/31 week with Rhapsody's launch .

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