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Technology Stocks : Apple Inc.
AAPL 273.67+0.5%Dec 19 9:30 AM EST

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To: Travis who wrote (12996)5/7/1998 12:06:00 AM
From: Marc Newman  Read Replies (2) of 213177
 
But Travis, this iMac is also heavily aimed at the current consumer Mac user who hasn't upgraded for years. These people have all their backups on floppy, most likely. So I dunno.

Lou Dobbs seemed to get a kick out of Jobs. The iMac looks 500% better live than it does on the Apple website. Jobs made the good point that there are 3000 licensed Apple dealers, so Apple expects no distribution problems.

See, the drums are beating now. We've got Jobs appearing on business shows, we've got local media covering the event (Dennis' post, etc.), we've got people who are going to read it in the paper tomorrow morning and put in a retail buy, we've got Anderson's bullish hints, this is all good. Upgrades tomorrow, or will they risk waiting until after the OS strategy gets revealed Monday and the share price is higher?

Marc

PS--Eric, thanks for the note about the pre-G3 stuff. Anderson's comment about there being no writedowns to come, plus the sharp drop in the inventory figures per the quarterly report is borne out in your observation. My local Mac chain used to have stacks of Performas in the aisles until late last year. But early this year the stacks of 6500s were gone.
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