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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Sabrejet who wrote (29024)10/2/2000 3:11:01 PM
From: Softechie  Read Replies (1) | Respond to of 213176
 
Apple is closing on 70% discount from $56? Incredible! That's why I'm buying more of this company. In all fairness, I can't see how they can chopped this giant into half in just one day. But I can understand the unknowns that MM's are facing with. Management can't talk and MM's don't know how to value this company so they low balling it now.



To: Sabrejet who wrote (29024)10/3/2000 1:26:04 AM
From: jack bittner  Read Replies (2) | Respond to of 213176
 
i thought aapl said they'd earn 30-odd cents a share for the quarter. that's $1.20+ for the year going forward, annualized. that'd make it about 20 times earnings, not 11.75 times.
did i get that wrong? maybe you are annualizing this quarter plus the prior 3? or did i get the 30-odd cents wrong? obviously all quarters for any typical year are not equal, maybe the current one is historically low, and christmas' quarter is high. but did i write something that you'd say is moronic, clueless? i don't want that to happen.