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


To: Marc Newman who wrote (12982)5/6/1998 9:18:00 PM
From: Phillip C. Lee  Respond to of 213177
 
<<Who knows, maybe it will become a "haven" like the ridiculous internet stocks were a month ago.>>

Marc,

Personally, I would like to see analysts make a more accurate estimate
on Q3 and Q4 via upgrading Apple now so the PE of '98 can be similar
to the comapnies in pc group. If the price can be adjusted to $35
within one week to have PE be around 20 for expected earnings, then
it'll reduce the probability of future "big" surprise on earnings like
last quarter's.

Phil