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Technology Stocks : Apple Inc.

AAPL 277.47

+0.2%

Nov 26 3:59 PM EST

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To: salim salloum who wrote (7694)	1/14/1998 8:52:00 PM
From: P.M.Freedman	of 213173

I don't think the price will drop over one dollar. It may even rise one dollar. The real moving will be at the time that next quarter's earning estimates release after its 10Q is filed. Analysts in the conference call worried the earning heavily rely on G3 and half on international sales (mostly on holiday big discount sales). To keep the sales steady will be the top issue for Apple in the future. Investments on R&D was lower last quarter. The new products pipe line need to be filled especially the developments on NCs. The rebound of Oracle may help Apple to stay at or above current price level. If Oracle can make announcement on NC softwares before next earning release, Apple may jump together.

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