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Technology Stocks : Apple Inc.

AAPL 277.96

-0.3%

3:59 PM EST

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To: Hugues who wrote (9819)	3/21/1998 1:08:00 PM
From: HerbVic	Read Replies (1) of 213173

Could be that you are right. I'm of the opinion that Apple's earnings this quarter is going to be a pleasant surprise to all. Hence, my expectation of after earnings reflation. The sector's inventory quagmire will keep investor confidence low going into the third quarter, so I expect 30 to be the high water mark into July unless news complicates things. If Apple ships Rhapsody, there are many questions that will be answered. The effect will be positive, but I'm not quite sure how soon after the announcement the stock price will reflect the Rhapsody potential for earnings. Wall Street may wait to see how well it is received. Good hunting, HerbVic

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