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

To: Eric Yang who wrote (6626)	12/5/1997 8:07:00 AM
From: Phillip C. Lee	Read Replies (1) \| Respond to of 213173

You are pretty close to what I thought. However, last quarter's disappointment figure was due to weak sales in Japan. There is better outcomes in that country this quarter, but strong currency exchange might offset some of gains. It is believed that the sales still remain strong in Europe, especially in this consumer quarter. Besides, I will bet that this is the last quarter as Jobs remains as intermin CEO, provided that he would not be interested in CEO job. If you were he, would you try your best to come up with a better outcomes to motivate the new coming CEO as well as to leave us all a better impression regarding his series of reforming in the recent months. However, the bottom line still banks on the overall sales this quarter. I optimistically estimate it would be around 1.7 billion dollar revenue with small profit ranging from 0.05 to 0.25 dollar per share. Phil

To: Eric Yang who wrote (6626)	12/6/1997 12:32:00 AM
From: Edward Boghosian	Read Replies (3) \| Respond to of 213173

The recent price drop in Apple may be due to tax selling but I contend the drop is due, primarily, to two factors: 1.) Apple is having problems getting a CEO and 2.) Apple will show a disappointing Christmas quarter. Before this quarter started, it was obvious, Apple could not introduce new machines, get them to stores, promote them and expect a successful quarter let alone make money. As they say: "too little, too late." I'm amused that Apple die-hards expect Apple to be profitable due to Apple die-hards buying the new machines. Many years ago Studebaker Motors urged its stockholders to buy the Studebaker and urged them to get their friends to buy on as it drove itself into oblivion. My bones tell me that this is what Apple is going to do. If this occurs then sell, sell and sell. I had sold Apple when it spiked but reading the hyperbole by Apple die-hards, recently, I bought at 17-18. I hope it works out. I never thought Jobs is the right man for this job and I still think that way. Only in America can someone, presumably, become a millionaire by running a company that doesn't make money. We've been in a bull market since 1982 and if the bull market should end tomorrow, what would Apple shares be worth? Less than $5. This is from someone who hopes he is wrong!