Compaq Message Board - Msg: 6624173

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To: Kenya AA who wrote (37977)	12/1/1998 7:30:00 AM
From: Kenya AA	Read Replies (2) of 97611

From Greenberg's column this morning: Apple antics: An item here last week said that the latest monthly numbers from PC Data show that sales momentum at Apple Computer (AAPL:Nasdaq) is on the wane. That was followed by a story in Computer Retail Week that said Apple is planning to cut the price of its iMac to $999 (not something a company does if sales are strong). Apple's stock, in reaction, slipped 3 1/8 yesterday to 31 15/16. An Apple spokesman late yesterday told me that the price-cutting story was "rumor" and that the company's policy is not to comment on rumor. As usual, he did the same shtick on Today's Business. There he added how Ashok Kumar said that Gateway would miss it's quarter. His conclusion is that PC sales aren't as good as everyone thinks. Bob Sellers said that maybe GTW's problems are at the expense of DELL? Herb said he didn't think so and "if PC sales aren't that good, what's going to happen with all those chips that are piling up?" K

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