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Technology Stocks : Apple Inc.
AAPL 271.84-0.4%3:59 PM EST

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To: Sam Citron who wrote (31718)1/9/2002 10:26:07 PM
From: Marc Newman  Read Replies (2) of 213177
 
Let's remember that the original iMac took a good while from announcement to actually shipping. In the interim the stock fell and it was a wonderful buying opportunity. In this case there's little time between intro and actually being able to buy one of the high end ones. Ie, I have a feeling that 3 out of 5 times is going to become 3 out of 6.

However, the buy on the Dec. dip and sell during keynote keeps on rocking!

Other posts--

Marketshare is important and worries will always keep a cap on Apple's shares. But what is most important to me is profits and revenues. If the company grows them at a nice 15-25% pace the stock will do well even if marketshare is stuck.

Earnings could really help the stock out next week. I assume that when Apple made its projections the iPod hadn't been announced yet and therefore wasn't figured in. (Pinza probably remembers for sure.) That would be the conservative thing for management to do in case the thing wasn't a hit. So now the revenues and profit give them some nice wiggle room.

Marc
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