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Technology Stocks : Apple Inc.
AAPL 278.79-0.7%Dec 5 3:59 PM EST

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To: Bonnie Bear who wrote (1040)1/30/1997 1:17:00 PM
From: Mariusz Kolecki   of 213173
 
>> Apple, ladies and gentlemen, is lower than book value, if you add in the value of intellectual property, value of human resources and replacement cost of software engineers<<

I beg your pardon Bonnie but this broad definition of goodwill would probably justify the mentioned multiple of Microsoft. I would be interested in opinions on Apple's goodwill.
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