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

To: Richard Habib who wrote (15622)	7/15/1998 9:49:00 PM
From: soup	Read Replies (1) \| Respond to of 213177

Oops, screwed up my math and deleted my post. I had AAPL as earning $1.43 YTD and realized I was confusing earnings from operations. Can someone post the real YTD from ops + 4Q analyst expectations? Thanks in advance.

To: Richard Habib who wrote (15622)	7/15/1998 9:54:00 PM
From: Phillip C. Lee	Read Replies (1) \| Respond to of 213177

Richard, I am very satisified with Q3's result although the revenue didn't reach what I expect. Well, Q2 and Q3 are Apple's slowest two quarters. The current Q4 sales will be obviously boosted by iMac's high demand (400,000 units by September) and hence market share as well as revenue will be dramatically increased. No any other pc hardware companies did as good as Apple in the past two quarters. I don't know how much Apple should be worth now probably until Japan and Germany markets are open. It should be around $38, which is about 10% jump compared to the previous close price of $34 7/16. Some shorts may get margin calls tomorrow to buy back certain shares. However, I still believe there is a huge fight between shorts and longs unless analysts start to upgrade Apple. I think one or two institutions may start upgrading Apple as early as tomorrow since there are 15 institutions with "hold" rating on Apple. This stunning report will trigger them to take some action now rather than later. With current $0.65 EPS, we will easily calculate that PE will be under 20 even the stock reaches $40. Isn't it amazing? Besides, analysts may start looking sale/earning ratio to well justify its fair value. Come on, all analysts, please show me your guts on this exceptional result via taking some positive action now. Phil