SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Apple Inc.
AAPL 273.67+0.6%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: J R KARY who wrote (12968)5/6/1998 8:06:00 PM
From: Phillip C. Lee  Read Replies (1) of 213177
 
Jim,

I watched Jobs interview too. It seems the message sent out was clear
and loud. iMac costing $1299 is more powerful than PII machines of
comparable prices. The timing for iMac available is just perfect to
catch pre-school-opening season from August. This low-end machine is
going to catch more marketshare, however, Jobs doesn't want to
speculate how many more percentage will be gained but he is pretty
confident a significant marketshare may be come back to Apple. If
speculating here about the percentage gain, I would estimate around
another 3%-5% on top of current 4% of overall marketshare.

Well, now, let's go back to today's stock. The stock performed
amazingly well under overall downward market (DJI down 92 points,
NASDAQ down 8+ points). The volume was well above double of the
daily average. The trend was gradually moving from uncertainty to
strongly up after 3pm est. The yearly high was again broken again
easily. From this point on, we should have little barrier ahead of
us until probably $35. Moving from current level to $35 is like
moving from $15 to $17.5 on percentage term. Another boost to $35
will be derived from analysts' upgrade or overall tech market upward,
which is likely to occur within a couple of weeks. Breaking the
yearly high is an event all longs are waiting for and is also a strong
warning signal for shorts to wake up and cover up.

Phil
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News