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

To: J R KARY who wrote (5713)	10/27/1997 2:34:00 PM
From: Alomex	Read Replies (2) \| Respond to of 213173

Projections For the record, when Apple was at $13 in July, I called bottom. From there on the stock crawled up to $19 per share, and culminating at $29 per share. At that point I said it would go back to $17 by October, here we are. When it went down past $17 I said it will move back to $17 and hold there, and today it posted a 3% gain back over 17 in the middle of a market crash. I also said that Apple would go on posting small losses for the next few quarters (excluding one time charges). Apple just posted a 27 million loss. I called for a 200 million loss for this quarter, including one time charges, and Apple once more came through with 161 Million in losses. Here are my new predictions: Next quarter will see a loss around $50 million dollars (unless they decide to write down their entire PowerPC inventory, in which case the write down would be around $150 million). The stock price will hang around $17 if Jobs becomes CEO, otherwise it will loose a buck or two on the announcement that he's not a candidate. Unless the Oracle merger goes through, the stock then will move sideways for a while and then fall further after next quarter results to 15. The chances of the oracle/apple deal are around 50-50....