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Technology Stocks : Apple Inc.
AAPL 267.26-1.4%Jan 5 3:59 PM EST
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To: Eric Yang who wrote (16279)8/6/1998 10:09:00 AM
From: Alomex   of 213178
 

. Thus we should all be running out to buy Micron instead of AAPL...right?

Wrong, you have to dig further and see why people have given it such a low P/E. Perhaps they are concerned about the company losing the PC standard battle, or the high R&D costs of producing their own OS, or skewed earnings due to tax credits.... erh sorry I got confused, that's not Micron.

In any case, you get the idea. P/E alone is not an absolute indicator of value.

I have no idea how you came up with those numbers.. Your numbers for Micron Electronics (MUEI) are totally off because you have included the one time gains MUEI made from selling MCM.

I used the SI profile numbers, there is no footnote indicating one time charges in them...

Thank god most of us already know what your advice is worth.

Thanks for reminding us. My advice on Apple over the last three years would have given you returns of over 350%.
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