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


To: Phillip C. Lee who wrote (12254)4/27/1998 8:13:00 PM
From: Phillip C. Lee  Read Replies (1) | Respond to of 213177
 
The Q3 net income has just been adjusted today from $0.27 to $0.30 as
follows:

quote.yahoo.com

Also check "Detailed Research" for details at above web site.

Maybe it's part of the reason why Apple's been so stable today.

Phil



To: Phillip C. Lee who wrote (12254)4/27/1998 9:31:00 PM
From: Moominoid  Read Replies (1) | Respond to of 213177
 
What factor causes Apple to stay steady through the day under today's
turmoil?


Well my theory is that AAPL is undervalued and low beta and the others are overvalued and high beta. In real world terms the beta means that Apple's sales aren't so correlated with the rest of the sector or market.

David