Check this entertaining Businessweek archive article: Steve Jobs launching the original iMac in 1998.
Encouraging and leading visionary insight by Steve vs negative industry assessment from a stock analyst.
“We can be more effective at getting to consumers. Have you seen great marketing come out of Compaq and Dell? I haven’t.”
Michael Murphy, editor of the Overpriced Stock Letter:
“If [Jobs] thinks he’s going to take on Dell and Compaq, good luck.”
APPL is up 20 times 1998’s price on this date.