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


To: Edward Boghosian who wrote (17888)9/12/1998 5:36:00 PM
From: Phillip C. Lee  Read Replies (2) | Respond to of 213177
 
<<When the fundamentals come back and the good news is "refactored" in, what PE ratio do you think Apple will have?>>

Well, based on iMac sales in the current quarter, we'll probably see
a significant improvement in net and revenue. It's probably $2 for
'98 on net, and $2.50 in '99. The fair PE for growing company should
be around 22-25 depending on how strong the net/revenue growing rates
are.

Phil