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To: jmac who wrote (86242)7/27/1999 11:09:00 PM
From: Fred Fahmy  Read Replies (2) | Respond to of 186894
 
Re: AAPL's P/E

I think your figure is correct. I just don't think WS is convinced (and neither am I to be quite frank) that AAPL's recent success can be sustained or that they can grow significantly down the road. In the past, they have been anything but steady...and today's AAPL fad maybe out of fashion tomorrow. AAPL still remains a niche player for the most part. Having said all that, I must admit that I find their P/E to be unusually low.

FF


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