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Technology Stocks : Apple Inc.

AAPL 278.79

-0.7%

Dec 5 9:30 AM EST

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To: HerbVic who wrote (22492)	1/14/1999 4:25:00 PM
From: Richard Habib	Read Replies (1) of 213173

HerbVic, I think the P1 is likely to come out at the earliest, the end of the qtr and most likely next. Agree, we may see high 30's tomorrow. I sold prior to the earnings but bought just a bit near the lows today. The charge of channel stuffing is disturbing but so far no other analyst nor anyone on this thread has indicated this was a problem. We will need some encouraging signs of sales for the iMac or more especially of the G3 in order for the street to regain some confidence. The one analyst is correct, this is a high risk time for Apple once again as it moves into it's slow qtr. The G3 has to sell well and have some cross-over sales. Nice ad in Time magazine on the G3. I tend to be a bit optimistic that the G3 will sell well since the installed base that hasn't upgraded is so large as a multiple of qtr sales. This begs the question of crossover buyers but I just play for a couple of points at a time so any good news will likely see me out again for a bit. It kind of boggles my mind how so many of the thread contributers can't seem to play Apple. It's been such a great stock, on an overall uptrend with very predictible short term patterns as Phillip once noted. Rich

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