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

To: Edward Boghosian who wrote (15616)	7/15/1998 9:33:00 PM
From: Richard Habib	Read Replies (2) \| Respond to of 213177

Edward, can't be talking to me - I'm the most cautious bull on the thread. That's why my May stock price prediction for July was 35-37 and my price prediction for Jan 99 is around 40. Apple will continue to have tremendous difficulty with the street IMHO precisely because of revenue and marketshare issues and the overriding perception of decline they create. As everyone who follows this thread is probably aware I feel up to 3 qtrs of increasing revenue growth and decent marketshare will be required prior to Apple becoming fully valued in the 50's or so. However, for me upper 30's - low 40's are excellent as my position is a decent size stake in long term options that look to be at tripled by tomorrow AM. I do fully expect a moderate sell-off as that's been the history of Apples stock. For me it's worth holding most of my options as insurance against the fact that Eric or Phillips more enthusiastic numbers might come to be while my downside appears to me to be quite limited. Rich