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Technology Stocks : Apple Inc.

AAPL 274.60

+2.3%

10:40 AM EST

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To: Eric Yang who wrote (6626)	12/5/1997 8:07:00 AM
From: Phillip C. Lee	Read Replies (1) of 213173

You are pretty close to what I thought. However, last quarter's disappointment figure was due to weak sales in Japan. There is better outcomes in that country this quarter, but strong currency exchange might offset some of gains. It is believed that the sales still remain strong in Europe, especially in this consumer quarter. Besides, I will bet that this is the last quarter as Jobs remains as intermin CEO, provided that he would not be interested in CEO job. If you were he, would you try your best to come up with a better outcomes to motivate the new coming CEO as well as to leave us all a better impression regarding his series of reforming in the recent months. However, the bottom line still banks on the overall sales this quarter. I optimistically estimate it would be around 1.7 billion dollar revenue with small profit ranging from 0.05 to 0.25 dollar per share. Phil

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