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To: e. boolean who wrote (11353)4/15/1998 4:42:00 PM
From: Marc Newman  Read Replies (2) | Respond to of 213173
 
FIRST BANK OF ALOMEX RAISES APPLE (AAPL.O) TO BUY.

You heard it here first.

e., thanks for getting us the news release. Revenues are $1.4 billion, which isn't great, but look how profitable this co. is in the slowest quarter of the year. 38 x Compaq's profit! :)

Looks like expenses came in just below $300 million, from my quick scan.

Yours for $6.5 B in revenue this year,
Marc



To: e. boolean who wrote (11353)4/15/1998 4:54:00 PM
From: Alomex  Read Replies (2) | Respond to of 213173
 
I was right about the continued drop in revenues (down 10%), but boy! was I wrong about margins/earnings.


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