Bear votes are in: "a hold is a sell" , but may I ask again ?
Smart, our "oracles" are in disarray , so its time to look inside the CS horse's mouth (Wolf) responding to a sell analyst (Rhinelander) :
" The computer wars are over,'' Rhinelander said. ''Apple lost. It's time for them to move on to other technologies that aren't computer based.''
But Charles Wolf, a director in the equity research department at Credit Suisse First Boston, disagreed. ''Nobody knows what's going to happen.
The fact is, there's an enormous build-up for this product.''
Wolf said there were an estimated 10 million Mac users worldwide, 30
percent to 40 percent of whom are using four-year-old computers.
'If 10 percent of Mac owners decide to upgrade to an iMac, that's a
million units sold,'' Wolf said. ''That's an incredible performance.
And after seeing the iMac, I think its doable.''
nytsyn.com
nytsyn/1998/08/12/cndin/9764-0313-pat_nytimes%7C/home/content/users/im
ds/feeds/nytsyn/1998/08/12/cndin/9961-0445-pat_nytimes%7C/home/content
/users/imds/feeds/nytsyn/1998/08/12/cndin/974
So 1,000,000 units after all and a CS "director" initiates a "hold" ?
Time for CS's preferred customers to buy !
Regards,
Jim K.
PS: Smart , I value that you supported your view on this with a factual link and the above link was from Eric's post. |
