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Technology Stocks : Apple Inc.
AAPL 278.28+0.1%Dec 12 9:30 AM EST
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To: J R KARY who wrote (8710)2/23/1998 3:08:00 PM
From: Marc Newman  Read Replies (1) of 213176
 
Perhaps we'll be pinned at $22.50 for April expiration as we were at $20 last Friday. Depends if that's where we have the biggest conspiracy of interests. Kudos to Mr. Weed of the AOL thread for being first to tip me off to the $20 pin.

Congrats to you guys for today's move. Looks like AAPL is fighting its way up one eighth at a time. I've got a little AAPL stashed away but for the most part I'm on the sidelines. Wish this move could've waited a week so I'd have been done with THQI and EIDSY.

Margins this quarter could be anywhere from 20-23%. It really depends how much of the old inventory sells and at what price. It also depends how much market share Apple goes for with the $1700 G3. Will they just sell out the 233 mhz inventory or will they keep pumping this machine out?

The above scenario makes it hard for me to guess revenue as well. I will say that I knew no one aside from people on the AAPL threads who bought a Mac last year. This quarter alone I had one friend buy an 8600, another is waiting for the price cut on the 233 mhz G3 to become official, and another is going to buy his first Mac ever--either a 6500 or a low-end clone model. He's seen the trouble his friends (non-technical, the lot of them) have with their pcs and I've offered him lifetime free technical support for the new Mac . . .

Good luck this week,
Marc
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