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Technology Stocks : Apple Inc.
AAPL 273.67+0.5%Dec 19 9:30 AM EST

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To: Linda Kaplan who wrote (10919)4/7/1998 12:12:00 PM
From: Phillip C. Lee  Read Replies (2) of 213177
 
I wish so many people weren't promising a great Q2. When that
happens the news can be discounted in advance and people can be
disappointed by just GOOD results,instead of GREAT results. I'd rather
some surprise were left so the stock can run up after the results,
rather than selling after the results.


Well, it is true. But, I still believe consensus estimate is the
one analysts/money managers will follow. They are skeptical about
Apple's turnaround fact. We have our own estimates here which don't
mean they will follow. They have more sophisticated models to
determine the Q2 results. Based on Yahoo site's statistics, there
are 23 analysts who provided their opinions, 1 "strong buy", 6 "buy",
15 "hold", and 1 "strong sell". They won't change their ratings
until seeing the reports. So, don't worry about if our views are
optimistic here. The market will perform usually based on $0.15
per share earning in Q2, which makes sense at the current price level.

Phil
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