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


To: Linda Kaplan who wrote (10919)4/6/1998 11:11:00 PM
From: Steve168  Read Replies (1) | Respond to of 213177
 
We individual investors can not really do anything about a public company like APPLE. The only thing we need to do is analyze the numbers and decide to buy or sell. I think AAPL will probably act like what you suspected, the expection is too high and a lot of people will sell on news.

AAPL had its own market for the past, no competition means expensive. AAPL was losing serious money while its products are much more expensive than PCs. Did they change the company fundamentally to be cost-competitive with PC industry? I don't think so.

Good luck to AAPL holders. I heard the cracking sound of sinking in the noisy celebration party hosted by Steve Jobs.

Just my 2 cents. Don't take my comment as a sell recommendation. We all eat our own dog food--do homework and take the risk for being long or short.



To: Linda Kaplan who wrote (10919)4/7/1998 12:12:00 PM
From: Phillip C. Lee  Read Replies (2) | Respond to of 213177
 
I wish so many people weren't promising a great Q2. When that
happens the news can be discounted in advance and people can be
disappointed by just GOOD results,instead of GREAT results. I'd rather
some surprise were left so the stock can run up after the results,
rather than selling after the results.


Well, it is true. But, I still believe consensus estimate is the
one analysts/money managers will follow. They are skeptical about
Apple's turnaround fact. We have our own estimates here which don't
mean they will follow. They have more sophisticated models to
determine the Q2 results. Based on Yahoo site's statistics, there
are 23 analysts who provided their opinions, 1 "strong buy", 6 "buy",
15 "hold", and 1 "strong sell". They won't change their ratings
until seeing the reports. So, don't worry about if our views are
optimistic here. The market will perform usually based on $0.15
per share earning in Q2, which makes sense at the current price level.

Phil



To: Linda Kaplan who wrote (10919)4/7/1998 2:14:00 PM
From: Bernard Elbaum  Read Replies (4) | Respond to of 213177
 
Apple's stock has slid the last few days. A slide in the ten days before Q earnings announcement statistically speaking is correlated with bad news. Perhaps my source is correct in saying that last Q retail sales at Computerware--a major Mac vendor--were flat as compared with one year ago, suggesting that Apple had a disappointing quarter and is likely to report a loss.