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To: soup who wrote (21887)	1/5/1999 9:10:00 PM
From: Richard Habib	Read Replies (3) \| Respond to of 213173

I'm surprised there has been so little discussion regarding OS X server. From what I could tell the demo was pretty impressive. Sounds to me like it could be a knockout in the education market. J Kary where are you buddy. The news released today will take a while to be digested but I'm optimistic that the new G3 and iMacs will continue growth thru the slow 2nd qtr. Based on 520,000 iMacs and assuming somewhere around 1 million units total, I'd guess revenues in the 1.7 range with an eps of around .83. That gives trailing earnings of 2.41 and a 25 PE gives a stock price of about $60. Could finally happen. $2.41 is the current total 99 estimates. Estimates for 2nd qtr Jan-Mar remain at .54 which may now be considered very low with these new products. Likewise 3rd qtr will be boosted by the consumer portable and then the end of the year by OS X, the G4, etc. Street estimates of 2.99 for 2000 are looking pretty poor. Rich