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Technology Stocks : Apple Inc.
AAPL 277.64-0.4%1:27 PM EST

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To: Softechie who wrote (29248)10/10/2000 2:53:46 PM
From: Marc Newman   of 213176
 
<<Run intrinsic value on DELL and see it's calculated at $8.89 while AAPL at $92.79. Look at DELL P/E ratio of 37 while AAPL at 11.>>

Sometimes you see these PE dislocations where a company is going to report lower earnings in the future and thus the current PE is "wrong." But that's not the case with AAPL as the current quarter is going to equal last year. Ie, no change in profits. And since apparently Apple is still supposed to have growth going forward the other quarters don't seem to be in danger either.

If we get a Q4 tech rally and the usual Apple MacWorld hype, plus a strong holiday quarter this thing can easily double from here.

Marc
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