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Technology Stocks : Apple Inc.

AAPL 278.37

+0.1%

3:59 PM EST

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To: Randy Tidd who wrote (11460)	4/16/1998 6:34:00 AM
From: Linda Kaplan	Read Replies (1) of 213176

Randy: The first time good earnings are announced they were discounted as cost cutbacks and not being sustainable. This time, that discounting is not occurring. I think CNBC hoped that Amelio would bash Apple, but instead he said that the gains were sustainable, and that was before the earnings were released. Now I think everyone has accepted this as sustainable, so the stock will make gains. Be happy, Randy. Linda

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