Travis, thanks so much for posting the Bloomberg story on iMac presales. Excellent news. I think Apple will start moving up soon on all sorts of good iMac news + buzz even if the overall market stays shaky. But screwed if sales aren't amazing? Nah.
Alomex, do you think we've now got a bunch of resistance between $36 and $37.50?
I agree with you on Novell and have been posting on AOL that I think they are about a year behind Apple on the turnaround front, having started later. NOVL's balance sheet is better than AAPLs and they now have good products that work with NT, so I see advantages there too. But Apple has the pizazz and for now far superior profits. But NetWare 5.0 will be very similar to Apple's G3 launch. Ie, the installed base is way overdue for an upgrade cycle. I included NOVL in my "three favorite stocks other than Apple" in a post on the AOL Fool. The others are videogame makers THQI and EIDSY. I think all three stocks will have a 50%+ upside move between now and February. (That's with Nasdaq at least holding 1900, of course.) Yes, if NetWare 5.0 comes out on time (say, Sept. 30) I think NOVL hits $18 in six months or less.
Eric, been noticing that your site is getting nice kudos from individual AAPL investors on the AOL and AOL MF investing boards. Wanted to pass that on.
Bill Barry, welcome to the thread. And can we get this Rodger Rafter guy over here? I'm serious.
Scott and Jim, notice how the LA Times guys pick on Apple's recent decline in the education market, but don't note that sales are up almost 20% from a year ago, which is substantial growth. It's these kinds of discontinuities--stuff we know that others haven't picked up on, or that are counter to conventional wisdom--that will make us money.
Everyone, don't get too gloomy about AAPL yet. We would've likely retraced to $34 1/2 even if the market hadn't gone to hell over the past week. I'm seeing a lot of $28 or $30 predictions. I think not. We've got the iMac to bail us out even if the market keeps heading down. And we might have a nice speed bump to the G3 Pro line in about two weeks.
Something about this market correction does feel worse than the last one, doesn't it?
Marc |
