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

To: Eric Yang who wrote (7885)	1/21/1998 10:28:00 AM
From: Sam Scrutchins	Read Replies (1) \| Respond to of 213173

Like Marc said the question that's on many people's mind is the $35 million one time charge Apple made reference to in the last 10-K. A few of us have shared thoughts on this particular issue in private emails prior to the earnings were made official. Now we pretty much know that if Apple is going to take this charge it will charge it to Q2. Perhaps a little public awareness is good so that the stock doesn't take a hit when people are caught by surprise. In any case, the next 10-K will give us a good idea about what Apple will do. I would be surprised if the market paid much attention to the one-time charge. If Apple can produce another 30 cents per share profit from operations in Q2, then momentum may come into play and push the stock to the low 30s, IMHO. Sam