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

To: Tom Latham who wrote (7356)	1/6/1998 4:11:00 PM
From: Larry Brew	Respond to of 213173

Tom, << being careful with aapl >> Totally agree as I was burned as described in #7354. Larry

To: Tom Latham who wrote (7356)	1/6/1998 4:11:00 PM
From: Marc Newman	Respond to of 213173

It's certainly big news--they keep mentioning it on CNBC, "Apple's surprise profit." My thoughts on the numbers later. I'm going to MacWorld! Yippee. BTW, anybody have any experience with a company coming out with a positive earnings preannouncement close to the actual date? What will the stock do leading up to the real announcement? Run-up a bit on optimism or sell-off on the news? Examples? Marc

To: Tom Latham who wrote (7356)	1/6/1998 4:12:00 PM
From: David Semoreson	Read Replies (1) \| Respond to of 213173

Tom has a typical non-confidence attitude re:APPL. He said: "But investors had better look close to see where this 35 cent earnings is coming from... I do not and can not see AAPL doing this in this market climate..". One should always examine the numbers, but $1.6 x 25% - $350 = $50. What is so impossible about that? The fact that Tom was short AAPL without understanding the powerful profit potential also demonstrates the attitude. If there were fewer investors like this, AAPL would be in the high 20's today minimum.

To: Tom Latham who wrote (7356)	1/6/1998 4:14:00 PM
From: Eric Yang	Respond to of 213173

You know who's prediction about profitability was right all along? The cute Apple rep that supervises CompUSA stores that I met last month in #6826 Anyway, she said that the words within the company, up and down the corporate hierarchy is that Apple will make a profit this quarter. She seems to be quite convinced of that. Perhaps its just the typical optimism coming from someone who works for AAPL but it was nice to hear that sales have been brisk. Eric

To: Tom Latham who wrote (7356)	1/6/1998 4:15:00 PM
From: Phillip C. Lee	Read Replies (2) \| Respond to of 213173

Tom: "If Apple is worth 20, CPQ must be worth 100" Reply: Nonsense. I don't see what kind of technology CPQ had. Besides assembly, sales, and marketing, I hardly see any technology they could provide. If CPQ is like Microsoft, then that would be another story. Phil