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

To: Richard Habib who wrote (16353)	8/8/1998 10:04:00 PM
From: Phillip C. Lee	Read Replies (2) \| Respond to of 213177

The iMac preorders look very bright and we are entering the final week prior to its landing on the market. Therefore, it looks like everybody is ready to get the astonishing result from Apple's official announcement on next Saturday (August 15th) if any. Foreign countries, such Euorpe, Japan, and Austrialia, etc. will get iMac around September 5th, enough time buffer for students to get one before/after school opening. If we could have 150,000 (rather than MacRoumors 350,000) in domestic preorders, then it'll be about the same amount of orders from foreign countries. It'll be a surprising result. The revenue will definitely increase and net will also substantially surge. We've 99% and 47% surprising nets in Q1 and Q2 respectively, I bet we're going to have another shocking result for the current quarter. I expect the price may hit $40 next week prior to iMac landing if overall market performs well. What price will be in October after Q3 results are announced? Well, if we get another 50%-99% surprise, then based on Q2's experience (the price shot up from $30 to $37), it will easily reach $45 range from percentage perception. The back-to-school period is always one of best seasons to Apple and hence iMac will drive the sales to skyrocketing. From this week's trading pattern, the trend was obviously moving up. I think it will continue for entire next week. Of course, minor corrections may occur any time next week, but the trend should be up to challenge again its yearly high. The daily trading range will keep wider than average as this week did, which provides good opportunity for day traders' speculation. Phil