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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Louis Gray who wrote (25572)	7/19/1999 9:04:00 PM
From: Marc Newman	Respond to of 213185

Well, I'd love to see iMac prices at $999 for Christmas, especially if Apple can get in on one of these $400 rebate deals from an ISP. They would fly at $600. In other news, I am a big shocked that everyone is going nuts about IBM's revenues being up 16% from a bad period a year ago. Apple revenue goes up 12% and is considered dirt. But we have Reuters calling IBM's gain "vibrant," and Cramer says they "blew through the roof." <<International Business Machines Corp. IBM.N on Monday posted stronger-than-expected second-quarter net income of $2.4 billion, including a tax benefit of $687 million, as revenues rose by a vibrant 16 percent.>> <<So far, so good on the earnings front. IBM (IBM:NYSE) sounds great. Revenues blew through the roof. I think the earnings should have been even stronger than they were, given the revs, but we are trying to dig down to find out what happened.>> Gee, guess Apple has the opposite problem. Monster eps, even if revs are light. Oh well, one more "dead" quarter (with a quite robust .76-.80, no doubt) and then the killa quarter. Buy Dec. calls on dips? And better yet, two days until MacWorld. Robert Morgan is already going nuts. Today's stock action was great and I was able to get in more stock at good levels. Nice options-hangover and then bam. Looks like we at least touch $56 tomorrow. Gooooo Elliot Wave! (ggg) Marc