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Technology Stocks : Apple Inc.

AAPL 259.35

+0.1%

Jan 9 9:30 AM EST

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To: Phillip C. Lee who wrote (13267)	5/9/1998 11:22:00 PM
From: Alomex	Read Replies (1) of 213181

What math did you do to come up with $60 [...] Q3 results may not beat year-to-year growth, but will be well over Q2's and more importantly the earnings will far better than $0.32 as analysts' estimate. Simple. I assumed Apple beats the estimates by a 100% in each of the next two quarters. Then I gave Apple 30 P/E ratio, and I get $60. I'd say beating earning estimates by 100% is possible, but on the high end of the optimistic scale. more importantly the earnings will far better than $0.32 as analysts' estimate. Sure thing. There is still a long way from beating analyst estimates to $69 per share. Well, I am calm enough to predict what I believe. At least from previous records, My estimate is far better than yours. ?????? Let me quote your hysterical estimates from March 30, since you seem to have forgotten them: I have paid lots of attention on Apple's Q2. My original and current estimates are 1.6b revenue/91m ($0.65 net). Earnings were $0.35 and revenues were $1.4 billion. You got 0 out of 2. I was right on revenues and wrong on earnings, 1 out of 2. And since we seem to be now keeping the score, Eric Yang got both right.

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