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

To: Eric Yang who wrote (7398)	1/6/1998 11:23:00 PM
From: soup	Respond to of 213173

Hi All, Was at work all day. Called Schwab to get quote and profit news late in the day. Otherwise I was in the dark. Saw 150 SI posts since yesterday. Running through them in sequence gave me a great feel for the day. Reminds me of the August pop when I was locked into jury duty! (Probably saved me from selling too soon.) The earnings are great -- not so much in and of themselves. The $45 million dollars profit are a great psychological boost to potential computer buyers worried about Apple's survival. My critique of the tone of today's posts is the short-sightedness. Enough with the trading mentality and look at Apple as an investment! The only thing holding the stock back is the perception of dwindling OS market share (even though Apple had 33% of the 1997 OS sales!) Absolute worse case scenario -- Apple caves and takes on NT as an OS. So what. The market will love them for it as they become a premium value-added of MS BS. My target sell price is when Apple gains p/s parity with its PC brethren -- Compaq, Dell, Gateway, etc. There's no reason for it not to. It has the technology, management, balance sheet, brand recognition and a loyal customer base. Assuming no one screws the pooch, I think we're still in the first inning. soup

To: Eric Yang who wrote (7398)	1/6/1998 11:27:00 PM
From: Mark Palmberg	Read Replies (2) \| Respond to of 213173

Eric, First off, GO APPLE! Secondly, how do you think the charge for QT Pro is going to fare in terms of producing revenue? I've got to think that temporarily scrapping the G3 Extreme and selling kick a*s SCSI drives as options for existing G3's is a stroke of genius. Someone has their head on straight at Apple. Little things are going to start adding up in a big way for this company. Remember, quality sells itself. Mark

To: Eric Yang who wrote (7398)	1/7/1998 9:14:00 AM
From: Richard Habib	Read Replies (1) \| Respond to of 213173

Eric, well like you I missed out on a good part of yesterday's gains. Made Fidelity some money though. I think even if I'd been in SF cell phone in hand, Jobs still would have fooled me with the way he handled the announcement. The man has no respect for the poor investor who isn't rock solid long term. Oh well. I've only got about 1/3 of my investment still in play and my last trade was out at 19 3/8. The question is where is it headed. I agree with you I think, I'm looking at flat to slightly down earnings through 3 qtrs with earnings starting to increase again by CY 4th qtr 98. I'm guessing $1.15-$1.21 for CY 98, given a PE of 30 by year end, I guess $32-36. The question is when to get back in. Argus rpt of 7 Jan is neutral still, even given the .35 and S&P remains negative. I'm guessing brokers will be advising caution and stock will drift down some. Course I've been wrong before, namely yesterday. Rich