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Technology Stocks : Apple Inc.
AAPL 278.79-0.7%Dec 5 9:30 AM EST
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To: Fernando Saldanha who wrote (1176)2/5/1997 5:19:00 PM
From: Phillip C. Lee   of 213173
 
Fernando,

Intel has been down-graded today by Gruntal&Co. and Prudential, its
price slided more than seven points. I believe what's going up will
go down eventually, and vice versa.

After Apple's reorg, Avid has been promoted to toppest level in
systems software design for new OS - which is a smart move since he
has been working in Mach OS environment for more than 10 years and
very familiar with OpenStep of Next. Under his management, the
new OS will be accomplished in time. There are so many article
reports re his responses to the new OS. I am very confident about
his capability of delivering excellent products.

Time will tell us if Apple's superior technology will sidetrack
the WinTel momentum. But based on my 20 years in this field, I am
pretty excited about Apple new OS and believe it will boost Apple's
sales to an unbelievable volumes.

Besides, Gil has pulled all the right people in the executive teams,
which will speed up the recovery from the current level.
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