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Technology Stocks : Apple Inc.
AAPL 277.23-0.3%Dec 9 3:59 PM EST
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To: earlyj who wrote (9460)3/14/1998 2:14:00 PM
From: Phillip C. Lee  Read Replies (1) of 213176
 
Earlyj,

I don't trade with Suretrade or Quick&Reilly, so can not get that info
anymore. If anybody who trades in these companies, probably they could
help pull out what Weekly Second Opinion said about the trend in the
coming week.

Based on Prudential Security's estimates, Apple has $1.29 net income
in '98, equivalent to about 21 in PE reatio. It is still too cheap in
the group. I believe it's different this time from last August. We
have very solid fundamental in 5 years and things are getting better
than anticipated. If you could catch any correction in the short
term and buy back at the right time, then you could take a shot,
otherwise, it'll be wise to wait the bigeer rewards as late as
shareholders' meeting (4/22/98).

Phil
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