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


To: Sam Scrutchins who wrote (20696)11/11/1998 12:20:00 PM
From: RX4PROFIT  Respond to of 213182
 
<<My guess is that there is some truth to the sagging sales, and the market doesn't like it. I suspect also that some investors are taking long-term profits, while others are wary of MSFT's intent to get even with Apple. This stock is likely to continue its decline until some evidence arises that it will again beat estimates come January.>>

Sam,

Your guess is as good as mine, but the volatility of AAPL in the last 6 weeks or so does not support your theory - IMO.

There are large blocks of AAPL crossing and trading suggesting a major shareholder/shareholders are exchanging and selling shares -- but at the same time there are buyers coming in at the discount. The MM are bring down the price to move the volume, and as soon as the crossing of shares or the large shareholder has sold off the price will go up (this has been going on/off for 6 weeks or so whenever AAPL reaches $38+).

The AAPL play of the moment is this: Sell at $38, buy at $35 (it's present trading range). The only problem with this play *at present* is if the big guy/guys are done selling, which I suspect is near at hand, AAPL will suddenly jump past the upper resistance barrier of $39, continue till it reaches PE parity with other box mfgs, and not retreat allowing reentry at the lower price.

My play: Sit tight-AAPL fundamentals are too strong for the next 2 Quarters.



To: Sam Scrutchins who wrote (20696)11/11/1998 12:22:00 PM
From: HerbVic  Read Replies (1) | Respond to of 213182
 
At 34 1/2 we're back to end July price levels, just before the iMac centric run up. To the unbiased eye, it might appear as though the opportunity has run its course and AAPL may drift toward 30 where July found it.

What may reverse the trend is Apple's as yet unannounced Christmas season strategy. It is expected that they will introduce a second tier to the iMac at the current price point, and drop the current iMac model to $999. There may be some significant other surprises as well.

Also, there may be greater buying pressure after the hoopla surrounding the release of Pixar's "A Bug's Life" movie. The publicity machine will be really crankin' at that time with lots of celebrity support.

HerbVic



To: Sam Scrutchins who wrote (20696)11/11/1998 12:23:00 PM
From: Uncle Frank  Read Replies (1) | Respond to of 213182
 
*** OT *** Looking for iMac info

I'm a pc user but am considering buying my mom (81 years old) an iMac for Xmas. She's sharp as a tack and loves technology, but there is virtually no one in her retirement community to help her through the frustrations of the Wintel experience, so a pc is out. I looked at WebTV, but think it is a weak alternative, particularly with access charges of 29.95/mo. Can anyone help with the following?

1. From personal feedback from a senior citizen, was the iMac really "toaster like" in setup and use?
2. Is the internal modem v.90 compliant?
3. Are there any native USB printers (don't require a $70 adapter)?
4. Is there anywhere on the Web to buy an iMac at a discount; are there any good active promos?

Thanks in advance for responses. I'd like to give mom email and the Internet experience, but don't want to give her a heart attack in the process <g>.

Frank