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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: Scrapps who wrote (11260)1/3/1998 7:50:00 PM
From: drmorgan  Read Replies (2) | Respond to of 22053
 
Tampa Bay or Green Bay?

I'll be pulling for T Bay as they have never been to a bowl, but G Bay is probably going to win. It'll be a great matchup at the Stick!



To: Scrapps who wrote (11260)1/4/1998 2:32:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 22053
 
Apple trotting out celebrities instead of new CEO

Reuters Story - January 04, 1998 12:29
%BUS %ENT %US %DPR MSFT AAPL IBM V%REUTER P%RTR

By Therese Poletti
SAN FRANCISCO, Jan 4 (Reuters) - As the Macintosh faithful
prepare for this week's MacWorld trade show, Mac users,
analysts and Wall Street are all wondering if Apple Computer
Inc. interim CEO Steve Jobs has anything up his sleeve.
At the last MacWorld in August, Jobs stunned the industry
by announcing a $150 million investment in Apple by former
arch-rival Microsoft Corp. and a shake-up of Apple's board of
directors, which included Jobs joining the board.
Now, as Apple's search for a permanent chief executive
takes varying twists and turns as Silicon Valley's latest soap
opera, many are hoping that Jobs will pull another surprise at
MacWorld, such as announcing he will head the struggling
company or name someone else as CEO. On Friday, Apple's shares
jumped $3.125 to $16.25, as Wall Street hoped for some positive
news next week.
But most analysts and Apple watchers do not expect any
major news at the show, which starts next Tuesday.
"What Jobs is going to do who knows, you can't get blood
out a stone," said Lou Mazzucchelli, a Gerard, Klauer Mattison
analyst, adding that he does not expect a CEO to be named. "I'm
not expecting to hear anything. I would be very surprised but
you can't rule it out."
Apple has been looking for a chief executive since July,
when former CEO Gil Amelio was ousted by Apple's board.
Because Jobs is known for making dramatic announcements,
analysts said one cannot bet against the element of surprise.
But they note that the rumor mills are especially quiet in
Silicon Valley, especially because the Cupertino, Calif.
company - like many in the valley - has been technically shut
from Christmas Eve until the New Year.
Analysts said one of the biggest product annoucements
expected is the first upgrade of Microsoft Corp.'s Office suite
of applications for the Macintosh in almost two years.
"Mac users will get a very powerful tool, that to me is the
biggest news of the show," said Tim Bajarin, president of
Creative Strategies Inc., of San Jose., Calif. "I think we will
hear a progress report from Steve. He will also talk about the
online store, how sales are doing. He will use it as another
rah-rah rallying point. I am positive they will not announce a
CEO."
Instead, Apple will trot out actors, athletes and thinkers,
who will be touting the Mac for those who "Think Different,"
including actor Gregory Hines, Olympian and world heavyweight
champion Muhammad Ali, Nobel Prize Winner Dr. Donald Glaser and
actress Jennifer Jason Leigh.
In this separate keynote, these "forward thinkers and
world-changers" will demonstrate how they are using Apple
technology in their creative lives, tying in with Apple's new
advertising campaign and slogan.
International Business Machines Corp. is also expected on
Monday to unveil a faster PowerPC processor, a 275 megahertz
version of the PowerPC. IBM could not be reached for comment.
Other news will include software update announcements on
Rhapsody, Apple's next generation operating system and the
announcement of the next version of the Mac operating system,
version 8.1. Mazzucchelli said he has heard rumors of a new
eMate, the low-cost device that is somewhere between a
Powerbook and the handheld Pilot, targeted at business users.
Apple already launched a slew of new Power Macintoshes in
November, based on the G3 PowerPC processor and at the same
time announced it was selling Macs over the Internet. Analysts
said the new Macs are selling well, but that sales of the older
Macs have stalled, and some analysts expect further price cuts
to reduce the inventories at some dealers.
Apple reports its first quarter earnings Jan. 14. Wall
Street expects the company to report a loss of six cents a
share, but some analysts are hoping for break-even earnings.