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

To: Eric Yang who wrote (13217)	5/8/1998 10:22:00 PM
From: WebDrone	Respond to of 213177

Sales Promo on g3's- Now you get an extra 32 MB ram or VirtualPC if you buy a g3 from the appleStore! This is the educational promo, but for everyone now. Apple store is back up, btw. R

To: Eric Yang who wrote (13217)	5/8/1998 10:39:00 PM
From: Moominoid	Respond to of 213177

AAPL's valuation might be much nearer fair value than I'd thought up until now. I hadn't been paying attention to the growth in shares outstanding which if it continues lowers the long run growth rate of eps. $30.50 might actually not be far off the mark. In the short-run Yen weakness is probably good for the stock price as I explained earlier in relation to the correlation between AAPL returns and returns to US Dollar in $A terms. See chart on my website: cres.anu.edu.au There is a strongly negative correlation between the two variables. And yes the Australian dollar shouldn't have much effect on Apple's stock price but it could act as a good statistic (in the technical sense) for those variables that do affect Apple's stock price. David