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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: SFW who wrote (43363)	1/14/1999 12:33:00 PM
From: David Semoreson	Read Replies (3) \| Respond to of 132070

>>Apple is a specific case in support of the point that you make. Apparently(per Morgan Stanley analyst) they stuffed the channel with about 200,000 (out of a total of 560,000) iMacs that Apple shipped in the last quarter. Best Buy and compUSA had to cut prices and take a loss on these "Hot" computers. << With all due respect, I think the Morgan Stanley analyst doesn't know what he is talking about. Generally "stuffing" means the channel has excess supply, which is clearly NOT the case with AAPL. However they managed to get BB to buy more (if true), it has not resulted in a stuffed channel. AAPL ended the quarter with only 2 days supply and beat estimates again, and IMHO are the only major tech that is NOT overvalued. And the reason they remain relatively low is belief that they are "doomed" based on this kind of generalized, poor analysis. ** David

To: SFW who wrote (43363)	1/14/1999 7:40:00 PM
From: Earlie	Read Replies (4) \| Respond to of 132070

Abed: Snow storms still keeping our area under wraps so back to the keyboard for a bit (g) Thanks for the heads-up. The new Apple box is a delightful item, and it deserved (and to some extent, received) a good reception in the field, but the company may have taken too many hits at the water line over the past few years and shelf space is on the wane. This was Apple's first really new product in a long time, so the company was able to ship a bunch. Product that exits Apple's warehouse is quite legitimately booked by the company as revenue produced, but if that product doesn't soon move on to an end user, it acts like a tennis ball in the toilet bowl,....things back up quickly. I admire the company's efforts and hope like the dickens that it makes it over the current hurdle, but pragmatic facts suggest it may be a near term put candidate. The arena is crowded with too many players and the weakest will simply be weeded out by the price wars. Too little too late? I'll continue to cheer their efforts and hope,but....... Best, Earlie