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


To: Robert E. Winston who wrote (11750)4/17/1998 7:42:00 PM
From: Eric Yang  Read Replies (2) | Respond to of 213176
 
Don't mean to be a eager beaver but I took a look at the numbers for Q3. The consensus estimate for Q3 is currently at $0.24. I haven't done a detailed analysis yet but using some rough estimate it looks like Apple should be able to more than double that this quarter.

But who cares? As we've learned in the last two days, the stock price has nothing to do with earnings. On the other hand if your company is a "internet stock" then the stock price is guaranteed to grow at the rate of 100% per year even if the company is still losing money. ;-)

Eric