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Technology Stocks : Apple Inc.
AAPL 272.16+0.1%Dec 18 3:59 PM EST
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To: Retiarius who wrote (12256)5/4/1998 4:08:00 PM
From: Retiarius  Read Replies (1) of 213177
 
janney montgomery scott to raise AAPL estimate next week

very brief telephone conversation with analyst jim meyer
of the firm confirmed that he's the "axe" here.
when i asked about the current jms estimate he parroted the
figure of .65 for this year and 1.00 for next listed in
the zacks tables.

after mentioning that the .65 must be out-of-date because
current fiscal is already larger, mr. meyer said he was
"out of the country" last week, but that both estimates
will be updated next week for zacks.

meyer did not admit an outright throwing-in-the-towel on his sell
recommendation, but now knows there's some pressure for
sticking out like a sore thumb.
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