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

To: Spytrdr who wrote (12724)	5/5/1998 6:27:00 PM
From: Alomex	Read Replies (1) \| Respond to of 213177

put a 1 before that and you may be right ___ my year end price target is $30-$35. Lay off the mate my friend. Let's see, we give Apple a generous 40 P/E ratio, now it only needs earnings of $1.25 for each of the next two quarters (four times the previous quarter) to make $130... Or we assume, a stellar-but-realistic performance of 0.50 cents for each of the next two quarters and give it a P/E of 20, (which is outstanding considering that just eight months people had written off this company as dead), and what do we get? $35 bucks per share.