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

To: Eric Yang who wrote (8728)	2/24/1998 9:27:00 AM
From: rhet0ric	Read Replies (1) \| Respond to of 213176

Matt, this is the beauty of it all. The rise over the last couple of weeks has been very steady. The thing I find strange about this rise is how suddenly it started. At about noon on 2/18 a buyer came in and started making regular 10-40k purchases of AAPL. The suddenness of it would indicate a single buyer, either an institution or a company, wouldn't it? rhet0ric

To: Eric Yang who wrote (8728)	2/24/1998 9:51:00 AM
From: rhet0ric	Read Replies (2) \| Respond to of 213176

Eric, I have a comment and a question about your quarterly analyses. When Q1 results came out, Fred Anderson (sorry, can't find the reference) was quoted as saying that Apple no longer gets much of a buying boost in the Christmas quarter, because Apple hasn't been a player in the home market for awhile. This must have been especially true last Christmas, when Apple had nothing to compete with the cheap PCs flooding the market. This is too bad, of course, since Apple should be a player in the home. I guess we'll have to wait for a sub-$1k Mac to come out before that can be addressed. But the flipside to Fred Anderson's comment is that there may not be as great a drop-off in sales from Q1 to Q2 as there has been historically. What would happen to your estimates if the dropoff was -5% instead of -10% or -20%? (Sorry, don't have Excel--we're waiting for Office98.) rhet0ric