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Technology Stocks : Apple Inc.

AAPL 259.35

+0.1%

Jan 9 9:30 AM EST

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To: Yujin Maison who wrote (2315)	5/12/1997 1:20:00 PM
From: David Semoreson	of 213182

This would be great news! How much would the stock move if they achieve any profitability? If they make $ in Q3 then that implies a greater profit in Q4 due to OS8 upgrades & back to school hardware purchases. I would guess that estimates would be raised to $50m in Q4 which implies $200m for fiscal 98 which = $1.60 per share. What is a profitable AAPL with Rhapsody coming out worth .... 20x = $32 !!! My expectation is reaching $25 by October, assuming these kind of financial results and no more bad news ... and further improvements as clone makers take up CHRP (maybe Gateway or Dell?) I expect that they have some serious developers making Rhapsody committments tomorrow... maybe something more dramatic! Good luck to all .... David

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