Apple Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Apple Inc.

AAPL 272.16

+0.1%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: George von Dassow who wrote (10845)	4/5/1998 3:30:00 AM
From: Marc Newman	Read Replies (1) of 213177

Some of the rumor sites "reported" that earnings would be very good a couple of times last year and it sure didn't happen. Kind of reminds me of a year ago when someone (not a legit poster like Phil) was sure that Apple's profit would be great because of a supposed currency advantage. That didn't happen either. I don't know how the stock would respond to a $50-$100 million profit. Possibly very well since one would suspect that the next three quarters would be even better than this one. I think it makes a good attempt on $30 either this week or next and don't think there's as much overhead resistance as some think. An awful lot of that August volume was daytrading, etc. and many more of those buyers cut their losses already. There's an interesting sidenote developing here with the StrongARM IPO--I think that will put millions in profit on Apple's bottom line next quarter. I want a G3, Marc

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next