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Technology Stocks : Apple Inc.

AAPL 259.06

-0.5%

Jan 8 3:59 PM EST

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To: Phillip C. Lee who wrote (10480)	3/30/1998 9:00:00 PM
From: rhet0ric	of 213181

I couldn't think of anything other than Q2 results that can make BOD so generous and confident. The thing that really stands out for me is this comment: "The turnaround that he has led has been absolutely phenomenal," Mr. Woolard said. You're quite right, Phil: Mr. Woolard must have seen data on Q2 performance, and his "absolutely phenomenal" remark must reflect that. My +.68 guess may be too optimistic, but I'm confident we'll see good earnings. And with Q2 the weakest quarter historically, that makes profit in the next three Qs a strong likelihood. With five profitable quarters in hand, AAPL should be priced much more in line with the other companies in its field. rhet0ric

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