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

To: J R KARY who wrote (11044)	4/10/1998 10:10:00 AM
From: Phillip C. Lee	Respond to of 213176

Jim, Jobs may mute AAPL's 4/15/98 earnings announcement IF a share spike could disrupt HIS 4/22/98 Proxy . The Feb insider sale at $25/shr may have been inspired by Jobs to slow run-away stock appreciation. I think most shareholders are waiting for Q2 outcome to determine their votes on various issues related to executives' stock options. Well, it depends on how Jobs think about the stock price that may impact his option price. If he believes he will get more as the price rise more which creates more momentum to push it even higher like Yahoo did these couple days, then he would let the stock run away. Actually, we all have to realize that Apple has best opportunity to get its stock boosted as high as $35-$40 after excellent Q2 reports (if that is the case) from current circumstance of most of tech stocks' under-performance. If AAPL's 4/15/98 earnings are OVERLY impressive we may see AAPL's CFO damper it with a bleak forecast for 3Q etc and 4/22/98 may be toned down . Got to get that Proxy ratified and $28-30/shr won't stop it! Well, as he mentioned before, the revenue will start to grow from Q3 and hence I don't think he will damper Q3/Q4 forecasts. Now, besides net incomes, many analysts are looking for Apple's revenues to see if it really starts growing. It is equally important to company's future as well as its stock price. There is almost no cloner to compete with, most of the clone shares will return back to Apple starting from Q2, and therefore, the revenue/net should be looking more attrative to analysts. As I noticed yerterday, there is one additional analyst who just joined the revenue/net estimates, from 23 (1 strong buy, 5 buy, 16 hold, 1 strong sell) to 24 (1 strong, 6 buy, 16 hold, and 1 strong sell) based on Yahoo's Apple research page. Phil