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

To: Yiota who wrote (7578)	1/13/1998 10:38:00 PM
From: Marc Newman	Read Replies (1) \| Respond to of 213173

Giota, I assume the AAPL numbers will be a little bit better than advertised but think any big news would wait for the shareholders meeting, since they just missed the opportunity to tell the world at MacWorld. As for GVIL, it's an interesting story and perhaps you might check out the thread on SI? But essentially you have a company that really bit the bullet a year ago and cut expenses to the bone. Once sales come in line they should be in great shape. They might've been mildly profitable by now but the 56k transition has been ugly sector-wide due to the two "flavors" and due to rockwell/ascend/etc. being slow to get the kflex equipment out to the ISPs that had committed to that flavor. Anyway, the stock had perked up to the $3+ level in October on news of a new bundling agreement with Apple plus the fact that they are entering the best quarter for peripheral sales, as well as growing 56k acceptance, design wins on the Windows side, CompUSA agreeing to carry GVIL products, etc. And then the damndest thing happened--they sank right with Apple on no news and then for good measure had an amazing selling crescendo the last two days of the year when the stock actually touched $1. So the latest gains have been due to it being way oversold, plus the fact that they are probably going to beat estimates this quarter. We'll see soon. I think the stock belongs at $2.50-$3.50, depending on what they report. Marc PS--Soup, thanks for a great link. Everybody be sure to read it.