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Technology Stocks : Apple Inc.
AAPL 255.53-1.0%Jan 16 9:30 AM EST
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To: Phillip C. Lee who wrote (16029)7/29/1998 11:24:00 AM
From: Phillip C. Lee  Read Replies (1) of 213182
 
From analysts' '99 expectation, Apple's PE is under 20 even at the
price of $39.5. For this quarter and the next, Apple will surely
exceed the expectations. We will see how well the analysts will
get this quarter. It seems they always missed the real nets. I
wonder how good Apple should be to change few medias minds like LA
Times. Probably, they should adjust a bit to take a second look at
Apple's prospects in the coming quarters.

Phil
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