Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Keith Howells who wrote (8908)	2/27/1998 9:08:00 PM
From: Phillip C. Lee	Read Replies (1) \| Respond to of 213173

Keith, Thanks for taking your time to read my posts. Well, to forecast a rather long period of time will be involved many variables, but still feasible. First off, I personally believe as long as Apple's in Jobs and those BOD's hands, nothing much will go down but up. So far, Jobs and Gil have cleaned up the house which results in a mean, lean and very competitive company. With Jobs' determination and will, Apple has nowhere to go but moving up. Q1 has revealed the incredible results and I believe Q2 will be even better. If Apple can prove it has a remarkable Q2, then the rest of Q3 and Q4 will be easier to pick up the market shares as it has proved in last January (#3 in retails). In Q1 '99, Apple usually did pretty well in this consumer quarter. We have passed the turning point (last quarter) and moved to the most important quarter from streets analysts' views. And again, it will be a lot better than anticipated in Q2. From stock viewpoint, it is still undervalued if compared to Dell, Gateway on the basis of PE, SE (total sales $ per earning) or margin per earning. If based on Gateway current market value, Apple's price should have been around 50+. Why isn't Apple adjusted by analysts? I think all of them are waiting for Q2 report. If exceeding earnings in two consecutive quarters become true, then I believe Apple will be re-evaluated and the stock price will fly by that time (after April 15th). The rest of the quarters will follow. It is hoped that Apple will select its CEO within 30 days or as late as shareholders' meeting (April 22nd). If the right person is picked, then the price will advance at least 10%-15% in a single day. And, I believe that will be the case. The coming new products with advanced G3's, Rhapsody, QuickTime, etc., along with direct sales, store-in-store strategies, the revenue and market shares will gradually pick up, same as net incomes. All in all, I speculate the price will be in the range of $40-$50 by the end of '98 if everything goes right. Phil

To: Keith Howells who wrote (8908)	3/1/1998 12:02:00 PM
From: Alomex	Read Replies (2) \| Respond to of 213173

I've been a Mac owner since 1986 but never held any of their stock. I decided to take the plunge today. Keith, i think you've chosen the wrong time. The stock has had quite a bit of a runup from shorters covering their position. I would have waited for a pullback or at least some eveidence that the current price will hold. From stock viewpoint, it is still undervalued if compared to Dell, Gateway on the basis of PE, SE (total sales $ per earning) or margin per earning. And I have some lint in my pocket that looks undervalued when compared to price per ounce of gold. Phillip, I think it is quite intellectually dishonest from your part to compare Apple --a shrinking market share manufacturer-- with a growing-sales company like Dell. I feel sorry for those like Keith who fall for such spurious arguments. If based on Gateway current market value, Apple's price should have been around 50+. Why isn't Apple adjusted by analysts? As I said: falling market share. Long history of losses. Historical inability to deliver new products and follow through with the winners. Lack of CEO, no track record.