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


To: Phillip C. Lee who wrote (11444)4/15/1998 9:17:00 PM
From: TOM MICALE  Read Replies (1) | Respond to of 213185
 
Someone correct me. Yahoo is saying a 3 for 2 stock split. Am I misinterpreting here.



To: Phillip C. Lee who wrote (11444)4/15/1998 9:51:00 PM
From: P.M.Freedman  Read Replies (1) | Respond to of 213185
 
It will gap up $10 at open!



To: Phillip C. Lee who wrote (11444)4/15/1998 10:00:00 PM
From: Moominoid  Read Replies (4) | Respond to of 213185
 
Phil and everyone.

OK I shouldn't have been so nervous but at least I held on to a bunch of AAPL.

What is really frustrating now is that Datek are saying that AAPL is non-marginable and so I have no buying power and can't do anything at all. Would I have got a margin call if I had held all that AAPL I sold?

If I very conservatively just add the eps surprise to the existing analysts' consensus for 1998 and don't change any other quarters and keep the future profit growth RATES as before, I come out with a (CAPM/earnings) price above $40 for AAPL.

David