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Technology Stocks : Apple Inc.

AAPL 277.00

-0.1%

10:36 AM EST

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To: Phillip C. Lee who wrote (11444)	4/15/1998 10:00:00 PM
From: Moominoid	Read Replies (4) of 213176

Phil and everyone. OK I shouldn't have been so nervous but at least I held on to a bunch of AAPL. What is really frustrating now is that Datek are saying that AAPL is non-marginable and so I have no buying power and can't do anything at all. Would I have got a margin call if I had held all that AAPL I sold? If I very conservatively just add the eps surprise to the existing analysts' consensus for 1998 and don't change any other quarters and keep the future profit growth RATES as before, I come out with a (CAPM/earnings) price above $40 for AAPL. David

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