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


To: Eric Yang who wrote (7745)1/15/1998 1:39:00 PM
From: Alomex  Read Replies (3) | Respond to of 213182
 
I think the people here on SI are extremely knowledgable and do a far better job than the so called experts in deciphering issues and events surrounding Apple.

Take another quick look at posts on Dec 5th starting post #6625


But you guys were way off with revenue estimates. The consensus in SI was for sequential quarter to next growth...

My gut feeling was that it would go lower, but since so many people here seemed so sure that they would be up, I thought "gee, maybe I'm missing something here" and never externalized the thought in this forum...



To: Eric Yang who wrote (7745)1/15/1998 2:25:00 PM
From: GS_Wall Street  Read Replies (1) | Respond to of 213182
 
Eric thanks for the pat on the back. I have had alot of sucess with Apple the past couple of weeks. I bought 10 minuite before Jobs finished his speech at MAC world 10 minutes after he finished it went halted then up 3+ points.

I see Apple sustaining thier profits the rest of the year. I have not heard the conferece call so my numbers are still subject to change. But I see Apple showing on the upside of .15 cents next quarter. .28 and .37 cents after that. $1.17 on the year. I think this stock is worth at least 22 times earnings now since they are at the beginnig of what oculd be a very powerful earnings swing. That give a target price of $25 to $26 near term.

Good Luck