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

To: soup who wrote (15673)	7/16/1998 7:57:00 AM
From: Geoff	Respond to of 213177

Wow. Apple has made quite a rebound since I last visited this thread. I want to offer congrats to all those who stayed long after AAPL hit 30 last year around this time. I sold my position then, and intended to buy back in when AAPL cooled down. When it did go all the way back down to around $14/share I didn't have the money to invest, and boy do I regret it. AAPL seems to have proved to the Street that it is here to stay, and with the new products, like the much hyped iMac, shipping in the next few weeks, AAPL should continue its remarkable recovery. Again, congrats to those who were smart enough to stick with it, or buy back in. Good show! geoff

To: soup who wrote (15673)	7/16/1998 8:26:00 AM
From: Phillip C. Lee	Read Replies (3) \| Respond to of 213177

Soup, Let's play a little math about the probability that at least one analyst will upgrade Apple's rating as follows: Well, let's assume that each analyst with "hold" rating has 0.1 probability that he/she will upgrade today or tomorrow. We have 15 analysts with "hold" recommendation at this moment. Hence, from probability viewpoint, there are 1.5 persons who will change their rating, which means there is 100% of probability that at least one analyst will take an "upgrade" action today or tomorrow. Well, unless there is conspiracy theory involved. Cheers, Phil