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Technology Stocks : Apple Inc.

AAPL 261.59

-5.1%

3:59 PM EST

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To: Slide Rule who wrote (21098)	12/8/1998 3:41:00 PM
From: Eric Yang	Read Replies (1) of 213186

"are you still thinking 51 as target price? maybe within next month or two?" I don't think I've ever public stated a "price target". But I like just about everyone else here feel that there should be a run up around the time frame of the MW Expo. The stock has looked very weak technically. It think it was a combination of the Imatec suit (again a tiny company of questionable intent) and negative rumors ( I stress the word "rumor") about iMac sales. The stock is trading at around 14 forward looking PE and even based on analysts estimates we're expecting to earn twice as much per share this quarter as Compaq. Hopefully all of this negative sentiment would be washed away by Expo time. Eric

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