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Technology Stocks : Apple Inc.

AAPL 278.79

-0.7%

Dec 5 9:30 AM EST

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To: Phillip C. Lee who wrote (9825)	3/21/1998 10:27:00 AM
From: rhet0ric	Read Replies (1) of 213173

(4) Cost - (1) You might need to consider the cost saving (if any) on Newton's layoffs. I read somewhere that all the Newton engineers still remaining were moved to Columbus/AMP. Oh, and as far as Newton goes, Apple has sold out its inventory of MessagePads, whatever that's worth. An article in the NY Times said that Apple would continue to sell eMates for a couple of quarters. See: nytimes.com Then there's the Claris layoffs, though I don't know about the restructuring charge for that, i.e. whether it was taken already, or will hit this quarter. Do you know the answer to this? After looking at all the variables Hugues posted, I think Alomex is right: we feel Q2 results will be good, but we don't really know for sure. As for price, I think van wang is right on that one: until further news emerges, we seem to be looking at a support point of $26 and a resistance point of $27. rhet0ric

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