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

To: soup who wrote (12748)	5/5/1998 8:38:00 PM
From: Phillip C. Lee	Respond to of 213177

<<My estimate of $2.00 is loosely based on the consensus of what we know now. Over the next week, after Jobs articulates AAPL hard/software strategies, I think we'll see some serious (qual/quantitative) analyst revisions of AAPL's prospects.>> I wouldn't count on consensus estimates. Remember it was too far off the target in Q2 (99% surprise). In the current Q3, they estimated $0.32, while most of us here think it's at least $0.50, which ends up another 50% surprise. Hmmm..., I really don't know how they come up with their expertise suggestions. Maybe they should hire Eric as a consultant. Phil