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Technology Stocks : Apple Inc.

AAPL 277.23

-0.3%

3:59 PM EST

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To: JR who wrote (1322)	2/11/1997 12:32:00 PM
From: Mariusz Kolecki	of 213174

JR, you are a pessimist. I will declare you a genius, however, once AAPL is on credit watch. Has anybody any comments as to JR's statementfrom 10 February (it could trigger an interesting discussion): >>the cash they have is borrowed. Last July the Fed told them to come up with some cash for possible litigation, they have floated close to $1 billion. It looks like they are presently trying to support the stock, (You can see it, trading in 1/64th increments).Most of present inventory is probably worthless and BG is ticked at them. Being placed on credit watch will be the next event<<

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