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Technology Stocks : Apple Inc.
AAPL 278.79-0.7%Dec 5 9:30 AM EST
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To: Alomex who wrote (22386)1/14/1999 5:09:00 AM
From: Goetz  Read Replies (1) of 213173
 
FWIW: AAPL in Germany today is traded between 40.50 and 41.00 EURo.

quote.yahoo.com makes it 47.83
quote.yahoo.com would be 48.42

at a rate of 1.181 EUR to $.

comdirect.de

has a rate of 1.1663 though, so I think Alomex's word of caution are
very valid. This makes the trading range 47.23 to 47.8.

If you use the above page and just hack in "Apple Computer" in the
left upper box (above the button labelled "Kurs-Abfrage" (that's
quote request) you will see the trades at all German stock exchanges
(we have too many of them :-)
FSE is Frankfurt (usually the largest volume), ETR is electronic trade,
BER Berlin, HAN Hannover, DUS Duesseldorf, HAM Hamburg, MUN Munich and
STU Stuttgart.

Enough of German eco-geographic lessons.

I think we will make a new 52 week high today (at least intraday),
but doubt we will go through 50.
My impression of the numbers: cool that profit growth is better than
revenue growth (good cost control), but the revenue growth is not
substancial enough to make the market accept a PE in the 50s range.

If enough greedy money flows into AAPL though, then we could break
the $50 soon (if the LatinAmerica situation allows). Yesterdays
bargain hunting seems still somewhat bullish to me, although the
market's focus will likely shift to those co's with earnings still
to report for the next few weeks. will carefully watch the volumes now.

Goetz 'stopping before I digress'

PS: If Apple only could have patented the "i" prefix ...
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