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Technology Stocks : Apple Inc.

AAPL 255.48

-1.1%

Jan 16 3:59 PM EST

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To: Eric Yang who wrote (18651)	9/29/1998 12:23:00 PM
From: Phillip C. Lee	Read Replies (1) of 213182

<<There are a hand full of insightful analysts that monitor AAPL closely such as Lou Mazzuchelli from GKM, Andrew Neff from Bear Stearns, Jimmy Johnson from AG Edwards...etc. Unfortunately too many analysts have been clueless about AAPL and behave like a bunch of sheep. At least the herd is finally turning.>> The question is if their announced estimates are too far from the reality (obviously AAPL is a good example), are they going to get fired? Unfortunately, the answer is no. At most, they said to themselves "Oops, I miss the target", which they could repeat the same mistake again and again. If they were Rocket or Missile scientists, they were fired long time ago. I just wonder maybe I should switch from my science/engineering position to Wall Streets job since they don't require that much accuracy. Phil

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