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


To: Mark Palmberg who wrote (11583)4/16/1998 12:57:00 PM
From: Sam Scrutchins  Read Replies (1) | Respond to of 213177
 
This is from Yahoo:

Thursday April 16, 12:29 pm Eastern Time

RESEARCH ALERT-Apple FY98, FY99 eps upped
SAN FRANCISCO, April 16 (Reuters) - Gerard Klauer Mattison & Co analyst
Lou Mazzucchelli said that he raised his fiscal 1998 and 1999 earnings
estimates on Apple Computer Inc., after the company reported a
better-than-expected second quarter.
-- Mazzucchelli said he raised fiscal 1998 estimates to $1.50 a share
from $1.35 previously, and its fiscal 1999 estimates to $1.70 a share,
from $1.65 previously.

-- Mazzucchelli said he maintains a buy rating on the stock and has a
price target of $35 over the next 12 months.

-- Apple shares were up 12/16 to 28-03/16 in active trading, falling
back from an intra-session high of 29-5/8.

(Therese Poletti, SF Bureau, 415/677-2542))