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


To: Travis who wrote (16028)7/29/1998 10:34:00 AM
From: Phillip C. Lee  Read Replies (2) | Respond to of 213182
 
Just came back from vacation and actually still in vacation mood.
Well, Apple stays in the reasonable range which I am satisfied.

It seems some analysts secretly upgraded Apple from 2.6 indicated
point to 2.4 as follows:

quote.yahoo.com

There is a very important special report tomorrow at 10 ET at CNN, the
topic is Ripe for Investors. I think Apple starts to catch media's
attention, same as investors. Three significantly improving
consecutive quarters nets with very stable revenues indicates the
company's already in the right track. iMac sales will be a big factor
to boost this quarter's revenue and net. I wouldn't believe net in
the current quarter won't exceed $100m, would you?

Phil



To: Travis who wrote (16028)7/29/1998 2:35:00 PM
From: Marc Newman  Read Replies (1) | Respond to of 213182
 
<<Aren't these two statements contradictory? We say that the iMac isn't that important but act like it's everything. I
feel like I'm reading Recon here lately-every statement and action is setup to be a "win-win" situation.>>

Travis, important and amazing are two different words. The iMac is very, very important. But we already know sales will be very good the next two quarters. They don't have to be "amazing." Just very good, which gives Apple revenue growth and the biggest profit yet in this turnaround.

And when I say "We've got the iMac to bail us out even if the market keeps heading down" you realize I'm just talking about over the next few weeks, before we have any official iMac sales at all.

Regards,
Marc