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

To: Essam Zaneldin who wrote (16434)	8/11/1998 12:08:00 PM
From: Eric Yang	Read Replies (4) \| Respond to of 213177

As of this morning AAPL tripled it's 1997 closing price, but unlike some of the other high flying stocks AAPL's valuation is still extremely strong. Our PE is not inflated, we have high book value, one of the lowest P/S ratio, very low inventory..etc...etc. We've far outperformed the market this year and I expect that to continue. As far as AAPL is concerned things look great. The bigger concern in the near term seem to be the weakness the the overall market. Eric