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

To: WebDrone who wrote (16524)	8/12/1998 12:38:00 PM
From: J R KARY	Read Replies (1) \| Respond to of 213177

Bull-Myths destroyed - Thanks Aston37 , Mot Fool at AOL Translation - "Get your finger off the trigger" ---------------------------- Subject: Myths Date: 8/12/98 4:41 AM EST From: Aston37 Message-id: <1998081209412100.FAA28411@ladder03.news.aol.com> Myths are prevalent in the computer world. 1. IMac doomed due to lack of floppy drive. Uh, yeah right. Floppy disks are a relic of the past when a hi power computer boasted 1 MEG of ram, 16 color support, and 2 floppy drives. Back then you loaded a program right off the floppy every time you used it. Holding onto the floppy drive is akin to getting upset that your newest component stereo system lacks a turntable (or worse yet an 8track). But hey, for all the anachronists out ther, you can het a third party drive. (why spend the money though?) On a personal note-the last time I used a floppy was to load a program under softwindows...way to go Gates Inc!! 2. AAPL has only built 5000 imacs. That one must have been crafted in Redmond. If anyone recalls the hub hub over AAPL dedicating its lines ot the production of the Imac...the reality is that AAPL has been doing a ramp up of production lines since May. They've worked out the bugs (upped the modem to 56k) and have plenty to soak the retail outlet to meet demand. THis BTW is not a new production technique. Japanese carmakers have long utilized the slow ramp up and inventory fill in for a while. 3. Beware USB....yeah tell WIN98 owners that...USB (like it or not) is becoming the de facto standard. The WINTEL community is just having trouble realizing that AAPL has skunked another way for them to claim leadership. BTW-judging from the catalogs and online resellers, there are plenty of USB peripherals out already. So, to all those anlaysts out there----do some fact checking in while!! 4. No software--yawn--any software maker interested in making a buck is going to jump on the iMac bandwagon--you can't ignore the buzz-or the loads of free publicity. Exactly when was the last PC product that got so many column inches? Well, the numerous bugs and Y2K certainly gets attention....of course that doesn't translate well into sales. 5. AAPL can't grow the market. Oh...so 150,000 preorders are all from the installed base? So, like Time Magazine and the like skipped right over the G3s and equipped their layout departments with a consumer cpu...Heh heh...This mantra ranks right up there with the world is flat...The only reason analysts espouse that drivel is if AAPL were to grow their market share that could indicate some longterm weakness in wall street darlings MSFT, INTEL, Dell and the like...Those with holdings with a long position have nightmares about AAPL's resurgence...can anyone say free fall....As it is INTEL is under the gun from rival chip makers, box makers like COMPAQ and the like are feeling the sub 1000 margin crunch, and MSFT is simply looking arrogant. The only way to keep those prices inflated is to bad mouth the closest thing to a competitor...read AAPL. Otherwise-the fundamentals scream overvaluation. Simply put-conventional wisdom is rarely right...and I would never make long term financial plans based upon it. Check the facts. Read between the lines. 51 by Halloween. ------------------------- In sum Aston is stating what Warren Buffet tells you after you buy a stock market training wheels book . May I add to the above , IMHO : - A new "hold" is a buy signal to a firm's preferred customers ; - AAPL has been "assembling" the iMAC (since 5/98) ; - The G3 refresh (servers - higher revenues) is tomorrow (8/13/98) ; - AAPL has a "reporting" option to "gross or net" iMAC "sales" , but its marketing objective is a "unit" market-share strategy ; - Soup's IBM post is a keeper for trigger pullers; - Selling to the "Mac only" faithful is a temporary strategy (read Soup's post again) ; - Just read MF's OS explanation and HOPE it will spur AAPL to launch OS X 8/13/98 instead of the rumored launch at Seybold 8/31 . Jim K.