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Technology Stocks : Apple Inc.

AAPL 261.05

+0.3%

Jan 13 3:59 PM EST

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To: Phillip C. Lee who wrote (13636)	5/16/1998 3:30:00 AM
From: Moominoid	Read Replies (2) of 213182

Well, any scenario is possible. Your scenario is your wish without any evdience.With conventional data, such as PE, SE, etc., Apple is undervalued. You have mentioned Apple's reasonable price should be near $38 I'm sorry, I was trying to keep my posts short. The charts are up on my site. $28.50 is the likely 34 day moving average in a couple of days time. I still hold with $39 on fundamental basis. I am now trying to work out how we will get up there using TA - ie the adjustment path to the new equilibrium level. David

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