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Technology Stocks : Apple Inc.
AAPL 278.28+0.1%Dec 12 9:30 AM EST

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To: ZeroCool who wrote (10356)3/29/1998 11:44:00 AM
From: Kurt Starnes   of 213176
 
Thanks for the kind words. :)

To understand AAPL at $100 by year end you should reread my conditions required for the valuation.

If all those conditions materialize, then $50 by year end is a gross undervaluation.

With my conditions met (some outlined by AAPL in the recent 10Q) AAPL would have sequential revenue growth and year to year revenue growth and profit margins over 20% at year end.

IMHO, $100 seems a reasonable price at fiscal year end IF!....

And $100 by year end means there is not a strike out of the money! So, to answer your option question: I like all calls! In fact my AAPL portfolio has been more heavily weighted in AAPL Calls since December.

(FYI my present holding of AAPL calls is at 22.5 and 25 strikes APR and JUL)

Good Luck to All Tomorrow!

GO AAPL!

Kurt
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