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To: David Semoreson who wrote (12448)4/30/1998 11:41:00 PM
From: J R KARY  Read Replies (1) | Respond to of 213177
 
I know the when - Sept 97 (S. Jobs $34/shr.)

Jobs had held a phone BOD meeting and was discussing his plans with reporters .

He said AAPL's (shares) market cap should be twice it revenues which he stated was conservative at $34/share . He went further and stated the industry multiple should be applied for a even greater valuation .

He stated that was his goal to achieve for shareholders . After wiping my eyes and clearing my throat I posted it here .

Regards,
Jim K.