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

To: Moominoid who wrote (24076)	4/16/1999 2:55:00 AM
From: HerbVic	Read Replies (3) \| Respond to of 213177

>> The company ended the quarter with $1.97 billion in cash net of debt, or about $11.36 per share. With a new consumer Powerbook and other goodies in the pipeline, Apple could still do perhaps $2 a share, fully-taxed at 35%, for the year. Net of cash, it's trading at less than 12 times that FY99 estimate. << Can anyone explain this part to this dumb ol'e hillbilly? I have a sneaking suspicion that it's pivotal. HerbVic