Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: soup who wrote (17182)	8/24/1998 11:08:00 AM
From: Eric Yang	Read Replies (1) \| Respond to of 213176

macevolution.com Latest hindsight.. Eric

To: soup who wrote (17182)	8/24/1998 11:58:00 AM
From: Serenidad	Respond to of 213176

I am a long term fan of Apple and kick myself for not having bought Apple when the Saudi Prince announced his investment in Apple. Now, can anyone explain to me how many Imacs and other apple products will need to be sold in the next 12 months in order to justify the present stock price and to intelligently predict Apple stock price in the year ahead? Does anyone have any idea what is the net profit per every Imac sold? All I am trying to find is where is the floor support of Apple stock when one removes all of the hype and speculation, if any. Maybe we can help each other find where the specialists, Mutual funds and the big guys stand. How many Imacs can they mfg per month and how many will be sold in 12 months. Bulls and Bears on Apple are welcome to share on this. Thanks. By the way I love my Power G3. Great engine.

To: soup who wrote (17182)	8/24/1998 1:29:00 PM
From: Alomex	Read Replies (3) \| Respond to of 213176

AAPL @ $60 by January? When Phil made that prediction a while ago, I called it "on the upper end of the optimistic scale, yet feasible" or words to that effect. I thought then (as I do know) that only a very positive development could take Apple there. I'd say 28% new users (which is nearly 1/2 according to some :-) is the sort of "very positive development" I had in mind. Now, keep cool boys and girls, we should not extrapolate too much from one week worth of data. IF the present trend is sustained, I wouldn't want to argue against a $60 forecast (sbout 50% of American households do not own a PC, if the iMac can reach 10 percent of those they would be once again a major player); but that is a big IF. We need to wait and see. There was a time when if you looked at Apple with a clear mind you would see a company with an outdated OS, an expensive product line, a dysfunctional corporate culture, a bunch of slow computers (as a result of 68XXX0-code and the Microsoft office port), a set of followers loving it to death, a complete lack of focus, and absolutely no ability to deliver on their promises. Being a bear in those circumstances was a no-brainer, and in fact, the only surprising thing was how many people thought otherwise. By the same token one can see today a company with a refreshed product line, priced competitively, with renewed focus and fast sleek products. All that is good, but still they needed something to get them out of the corner WinTel had placed them. The iMac so far looks as good as anything to do the trick, if they can carry that success until after christmas. I know bulls here claim that is "obvious" the iMac will carry on with its success, but they said the same of the e-Mate, the newton, exponential, copland, raphsody and so on, so I just don't trust their judgement. I guess when I see my Joe Six-Pack neighbour buy an iMac I'll have proof positive the iMac's strength. Unfortunately being in Europe I cannot gage first hand people's reaction to this baby (before I left most of my friends haven't even heard of the iMac, and most of them are computer geeks, just like YT).