Apple Inc. Message Board

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Technology Stocks : Apple Inc.

AAPL 278.72

+0.5%

Dec 10 3:59 PM EST

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To: Phillip C. Lee who wrote (11045)	4/14/1998 5:19:00 AM
From: Moominoid	of 213176

I hope you model will work out accurately and the price will reach $35 as it indicates. The last target I had before analysts raised their estimates of earnings was $29 and we almost touched that. The price increased another day as I expected following the bounce back from $25 or so. I thought it could go down one more day from there before turning around at most and it turned around a bit faster. What would really have worried me was if we had stuck at $26-$27 right up to the earnings announcement. Then we wouldn't really know where the possible bottom was. Testing $25 reassured me that sentiment isn't as bad as I feared. I am interested in how they derive 17m shares. How about 10% of AAPL for Jobs and then 5 mil for the other execs - over a number of years possibly. David

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