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Technology Stocks : Apple Inc.

AAPL 271.84

-0.4%

Dec 31 3:59 PM EST

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To: Jonathan Bird who wrote (15560)	7/15/1998 6:24:00 PM
From: Eric Yang	Read Replies (3) of 213177

"I think Apple may be intentionally saving the rev for Q4." You know I don't go around saying things just to boost the stock. There were reports that Apple did not initiate sales and discounts that it normally does at the end of the quarter. They've reached their projection and the incentive wasn't as strong. They promised to show sequential growth in Q4 and if you listen to the conference call, they are setting themselves up to do just that. Huge backorder of PowerBooks. Relatively low channel inventory. Low in house inventory. Apple has a lot going forward to ensure that its promise to increase revenue sequentially in Q4 will be delivered. Eric

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