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Technology Stocks : Apple Inc.
AAPL 274.12-1.5%3:59 PM EST

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To: Alomex who wrote (11977)4/22/1998 8:58:00 AM
From: Mark Palmberg  Read Replies (1) of 213176
 
These are the times when some of you bulls sound like fanatics. Barring the press was a dumb mistake, plain and simple.

It won't make or break Apple, but it was a mistake. No sense denying it.


And it's (contraction of "it is," you'll please note) times like these that you AAPL bears look like you're searching for any excuse to drag Apple through the mud...again. Well, you came close to having a reason this time, but it just didn't pan out. You'd better treasure these little moments, because they're going to become increasingly rare.

Sales of the new Wall Street are going to provide a good picture of the scope (and strength) of the sub-$1,000 market. If Apple moves a lot of these $3,000 to $5,000 machines, that would seem to indicate the consumers' recognition of a fairly-priced computer. Hopefully that will cross over into Apple's desktop business; after all, Apple is not Toshiba, where they make a hell of a good laptop but don't have much to shout about in the desktop arena.

Good luck to all today.

Mark

PS: If Apple can pull off a really positive meeting today the stock should do well. LU just came out with FANTASTIC numbers, which will help the overall market climb nicely. Keep an eye on LU and be prepared to buy on any dips...even the little ones. ;)
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