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


To: Linda Kaplan who wrote (9099)3/4/1998 7:17:00 PM
From: Phillip C. Lee  Respond to of 213173
 
Linda,

The simplest way to figure out how much it is worth (expected value)
is:
group's average price/group's average PE ratio = Apple's expected
price/Apple's expected PE ratio

e.g. Dell vs. Apple 135/51 = x/20, x= 52.94

i.e. 24.5/1.225 = 20, it's assumed Apple's earning/share = $1.225.

Well, the unexpected bad news from Intc after hours will impact the
overall tech stocks tomorrow. I think probably we won't be able to
see Apple's $26 until next week after everything returns back to
normal.

Phil