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


To: Cogito who wrote (31716)1/9/2002 12:38:42 AM
From: Sam Citron  Read Replies (3) | Respond to of 213177
 
[H]ow did that "sell on product introduction" strategy work with the first iMac? Did you miss the 400% increase in Apple's share price after that?

Allen,

In my earlier post, I stated: "In the absence of any meaningful design improvement, I go with the 'sell on product introduction' strategy that has worked so well with AAPL over the years." [italics added for emphasis] The first iMac was a significant design improvement IMO. However, I had no position in AAPL at that time.

BTW, I take no credit for the "sell on product introduction" strategy. It was mentioned on CNBC within the past 24 hours, quoting an AAPL analyst from one of the major brokerage houses. I can not remember the exact figures but I distinctly remember hearing something to the effect that AAPL typically runs up ahead of product introduction and then fell an average of 19% in the 4 months afterwards in 3 of the last 5 new product introductions. Sorry I cannot provide any greater detail. Perhaps someone here can provide more detail or provide the actual dates of AAPL product introductions over say the last 5 years. Then we can determine for ourselves whether the correlation has much validity.

Sam



To: Cogito who wrote (31716)1/9/2002 12:46:39 PM
From: BillHoo  Respond to of 213177
 
Put a couple robot arms on the side of the new iMac and it would look like one of the Krytonian sentinel robots from Superman's Fortress of Solitude.

-Bill_H