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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (300428)	1/13/2005 7:24:11 AM
From: j-at-home	Read Replies (1) \| Respond to of 436258

Time to add to longs? Looks like a great entry point for seniors right here. Mid-Jan is often a great place to jump in I've heard. -s- 7:11am 01/13/05 Bank of America upgrades Apple to 'buy' (AAPL) By Steve Gelsi NEW YORK (CBS.MW) -- Bank of America on Thursday upgraded Apple Computer (AAPL) to a "buy" from "neutral" following the tech firm's introduction of a cheaper IPod and an entry-level Mini Mac desk top computer. The broker raised Apple's earnings per share estimates for 2005 to $1.87 from $1.64 and up to $2.16 from $1.95 for 2006. After conducting exit interviews and proprietary surveys, Bank of America analyst Keith Bachman said in a note to clients that the bank believes that Apple can grow its consumer share. "Our survey work indicates strong brand appeal and interest in converting from Windows systems to Macs based on better media capabilities and virus protection," he said. Shares of Apple rose 90 cents to $65.46 on Wednesday. 7:17am 01/13/05 [AAPL] APPLE COMPUTER UPPED TO 'OVERWEIGHT' AT PRUDENTIAL 6:34am 01/13/05 Brokers raise earns, rev. estimates for Apple Computer (AAPL) By Emily Church LONDON (CBS.MW) -- Analysts lifted their estimates for earnings and revenue growth at Apple Computer (AAPL) overnight after the iPod maker's fiscal first quarter came in well ahead of the estimates. J.P. Morgan is projecting March quarter earnings of 47 cents a share, up from its prior estimate at 34 cents a share. The broker now sees revenue at $3.035 billion, up from a view earlier at $3.007 billion. UBS raised its fiscal second quarter earnings per share estimate to 41 cents from an earlier 29 cents "to factor in higher sales of Macs & iPods.... We continue to believe that the iPod phenomenon is driving upside in Apple retail stores, sales of peripherals/accessories and now-Macs," the broker told clients. Apple shares were up 11 percent in European trade of U.S. stocks - in line with the surge late Wednesday after the PC maker's quarterly report.