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

To: Eric Yang who wrote (10511)	3/31/1998 8:47:00 AM
From: Phillip C. Lee	Respond to of 213176

Eric, Thanks for your response and great to hear your real feeling about the estimates - $47m with $0.33 net income, as your conservative view. As we closely monitor the Q2's progress and every bit of news regarding Q2's, there should have no surprise in this quarter. As the majority of famous tech companies sent out warnings, Apple is really outstanding at least in Q2. It is anticipated that today will be a busy day for funds managers. They will claculate their mutual fund achievements in the first quarter of '98. Besides, Fed meeting will be held today, which I don't believe they will raise the rates, due to the cheaper goods flooding into U.S. market now and in the future. I believe Apple's stock will continue to advance as we close to the end of the quarter today. Phil