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Technology Stocks : Apple Inc.

AAPL 267.26

-1.4%

3:59 PM EST

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To: Alomex who wrote (13253)	5/9/1998 9:12:00 PM
From: Phillip C. Lee	Read Replies (2) of 213178

<<I did the math and it seems a price of $60 by the end of the year is within what could realistically happen. However, to call it "highly likely to occur" is IMHO absurd, and I sure hope calmer heads prevail here.>> What math did you do to come up with $60. It's unbelievable that any price prediction can be more straight-forward than $69 (30x30/13). I am really curious about how you come out $60 by year end. My rationales have been provided in the previous post. Whether or not you believe those rationales is not as important as the facts ahead of us. Q3 results may not beat year-to-year growth, but will be well over Q2's and more importantly the earnings will far better than $0.32 as analysts' estimate. Q4 will beat year-to-year record with significant distance. Well, I am calm enough to predict what I believe. At least from previous records, My estimate is far better than yours. Phil

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