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Technology Stocks : Apple Inc.

AAPL 278.85

+0.5%

Nov 28 9:30 AM EST

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To: Perry who wrote (2502)	6/6/1997 2:52:00 PM
From: Phillip C. Lee	of 213173

As early as at the end of this month, Apple usually provides rough estimates on revenue/net income for the current quarter. Rather than to trust next quarter's results (historical data tell us the fourth quarter was the going- back-to-school quarter, it usually creates more revenue), I would take this quarter's as a guide to detect if Apple could meet or exceed the expectation in the future. Apple's previous quarter's disappointing results didn't create any stocks deep plunge due to Larry's stir that creates takeover speculations. But, there will be no another Larry again this time. It is believed that most of individual investors are paying close attention to the results this time. However, stock funds managers probably still stick with Dr. Gil's "three years" plan.

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