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


To: Eric Yang who wrote (11362)4/15/1998 5:08:00 PM
From: Marc Newman  Respond to of 213173
 
Eric, I look forward to your website update.

For Q3, we need to pay attention to these shrewd analysts (snipped from thestreet.com):

"We're looking for another clean quarter that should come in at 25 cents a share," says Lou Mazzucchelli, an analyst with Gerard Klauer Mattison who has had a buy on the stock since November. First Call consensus estimates look for second-quarter earnings of 16 cents per share, but even some of the more skeptical analysts are expecting better. "Apple results appear in line with our 24 cents per share estimate," says Michael Kwatinetz of Deutsche Morgan Grenfell, who only has a hold on the stock. (His firm did not participate in any of Apple's public offerings.) Kwatinetz sees company revenues hitting $1.4 billion, down 10% from the company's December quarter.