Apple Inc. Message Board

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Technology Stocks : Apple Inc.

AAPL 278.85

+0.5%

Nov 28 9:30 AM EST

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To: Linda Kaplan who wrote (9089)	3/4/1998 4:13:00 PM
From: Phillip C. Lee	Read Replies (1) of 213173

Linda, The market is close at 24 7/16, up 1 5/16 with volume of 7.26m. Well, the price is anticipated, it is well above 24, but shy away from 25. The fundamental of Apple stock as well as its timing is so good that no where to go but up. Anybody can speculate any reason, but the bottom line is still Q2 revenue/net, which will be far exceeding analysts expectation ($0.15). I might adjust this week's upper-bound to around 26, since today's momentum is too strong despite overall market's weakness. Remember, this is a 50+ stock, so it is still undervalued. Phil

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