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Technology Stocks : Apple Inc.

AAPL 278.28

+0.1%

Dec 12 9:30 AM EST

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To: Noda who wrote (9449)	3/14/1998 10:07:00 AM
From: Phillip C. Lee	of 213176

Noda, That's ridiculous for certain small group of investors to oust Jobs since the price went up so nicely and the future of Apple is getting brighter and stabler. Besides Apple, where can they buy such an undervalued stock? Compaq, Dell, or Gateway? Well, Compaq PE is within a reasonable range, but it has DEC to digest and created significant inventory in last quarter. Dell and Gateway have PE of > 50, which is more than double of Apple's current PE (based on trend). There are always black sheep in the family, but I believe the majority of shareholders have appreciated what Jobs have accomplished for Apple as well as for investors. If those who don't like Apple's stock, they can easily jump the ship to others, which is purely their open options. Phil

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