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

To: J R KARY who wrote (9185)3/7/1998 4:32:00 PM
From: Sowbug  Read Replies (2) | Respond to of 213173
 
Thread, I'd appreciate your opinion.

If I bought a 20th Anniversary Mac and never opened the box, kept it in a cool dry place, and waited 20 years, do you think it would be worth more than $1,950 in the year 2018?

Assume we're talking 1998 dollars (ignore inflation).

I know, $2,000 in MSFT will be worth way more in 20 years, but I have more of an attachment to cool Macintoshes than to MSFT stock.



To: J R KARY who wrote (9185)3/8/1998 12:26:00 AM
From: Phillip C. Lee  Read Replies (2) | Respond to of 213173
 
Jim,

DigiTek reseller's words make me excited. I wonder if it's true.
They could sell 10-12 units per day instead of per week just because
of price reduction. If it's true, I really don't know how to
calculate the total volume of G3's to be sold in this quarter since
the number will be amazingly high.

If you look at Apple stock price from two year or five year chart, you
would notice that the price surge at incredible rate (from the slope)
between early January to the present. There is no such rate in its
five year records. It takes AT&T seven months to double its price,
while it only takes Apple less than three months and doesn't top out
yet. The momentum significantly increases in last two weeks - the
average daily volume for the last two weeks has been nearly double of
its daily average volume. It would be interesting to see what it will
behave in next two weeks.

Phil


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