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Technology Stocks : Apple Inc.
AAPL 284.15-0.7%3:59 PM EST
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To: Tom Latham who wrote (7356)1/6/1998 4:12:00 PM
From: David Semoreson  Read Replies (1) of 213173
 
Tom has a typical non-confidence attitude re:APPL. He said: "But investors had better look close to see where this 35 cent earnings is coming from... I do not and can not see AAPL doing this in this market climate..".

One should always examine the numbers, but $1.6 x 25% - $350 = $50. What is so impossible about that? The fact that Tom was short AAPL without understanding the powerful profit potential also demonstrates the attitude.

If there were fewer investors like this, AAPL would be in the high 20's today minimum.
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