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Technology Stocks
:
Apple Inc.
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To:
HerbVic
who wrote (
14836
)
7/1/1998 8:11:00 PM
From:
Eric Yang
Read Replies (1)
|
Respond to
of 154002
CompUSA just announced earnings warning for the quarter. They now expect a loss of 15-20 cents per share vs 7 cents consensus analyst estimate.
CompUSA blames the poor timing in the release of Win 98, sluggish PC sales and low availability of Intel based laptops, lower margin...blah blah blah...for the loss. Looks like the only thing they didn't blame or complain about was Apple's Store-Within-A-Store and Mac sales.
Had Apple not initiate the new alliance and help CompUSA boost Mac sales from 3 to 12% one could imagine that CompUSA's performance could have been worse. With iMac just one month away, CompUSA now depends on Apple more than ever as a source of revenue growth. Looks like we got them by the leash now. ;-)
Eric
To:
HerbVic
who wrote (
14836
)
7/1/1998 8:44:00 PM
From:
RX4PROFIT
Read Replies (1)
|
Respond to
of 154002
TA for AAPL 7/2/98 from "Second Opinion" indicates:
>RECOMMENDATION
>STOCK SHOWS STRONGLY IMPROVING CONDITIONS SCORE = (+3)
>IF YOU ARE SHORT THIS STOCK CONSIDER COVERING OR MONITOR STOCK CLOSELY
>STOCK IS AN EARLY ENTRY BUY CANDIDATE IF STOCK CLOSES ABOVE 29.30
How sweet it is...
Cheers,
Dennis
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