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Technology Stocks : Apple Inc.

AAPL 278.28

+0.1%

Dec 12 9:30 AM EST

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To: Andon who wrote (11112)	4/13/1998 1:54:00 PM
From: Phillip C. Lee	of 213176

I haven't seen any of these "Apple blossom spring" estimates of $80-100 Mil lately. Latest I saw was from First Call of about $21Mil/0.16 Don't be scared about Q2 reports if you are a long term investor. But, if you are short on this stock, maybe it's time for you to get scared. We calculated the revenue/net are entirely based on logical assumptions. My estimates are at the high ends of expectations, but still feasible if everything comes my way. The street's estimates are based on their conservative algorithms. We don't know where the outlook will fall into until Wednesday closing bell. Phil

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