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Technology Stocks : Apple Inc.
AAPL 278.85+0.5%Nov 28 9:30 AM EST

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To: High Grader who wrote (25317)7/7/1999 12:15:00 PM
From: Marc Newman  Read Replies (2) of 213173
 
I would say $8 is about what many of us are expecting. Possibly to $60 if this really is the internet MacWorld and analysts get on board. I am very impressed at the power of these AOL/Compuserve/MSN/Prodigy $400 rebates. Apple has to get on board, big-time. Imagine the iMac retailing for $999 by Christmas but if you sign up for AOL, you get a $400 check. Sure, you end up laying out $700 for the service over three years, but you wanted an ISP anyway, right? You're buying the iMac to get online for Gosh Sakes. iMacs for $600, they should blow out the doors.

Meanwhile, there are rumors that the G4s are more on time than has been reported--I do think Apple needs to do a lot better job on the pro line, speed-wise.

Soup, thanks for the sales report. Always helpful. I think iMac sales have been surprisingly good this quarter. There's kind of a six-month lag from the initial buzz before a lot of laggards start buying. The speed bump and big Blueberry availability have probably helped too.

Has anyone heard anything about education sales? I'd expect them to be strong as this is the first buying season that iMacs are available throughout. Also, I think there's a lot of grant money out there.

Marc
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