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Technology Stocks : Apple Inc.

AAPL 260.36

-0.7%

Jan 7 3:59 PM EST

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To: Kurt Starnes who wrote (16583)	8/13/1998 11:12:00 AM
From: Alomex	of 213181

Phil has called AAPL this year better than anyone in this form. Yes in day to day trading, not in revenue calls, where he has kept his hype machine working over time. Congratulations Alomex! You have figured out a way to always be right! Bearish sentiments coupled with a stated long position! 8-] Quite correct. But if you think about it calmly only a "deranged" bull can be out and out optimistic about a company which six quarters into a turnaround effort has not posted increasing revenues even once. That just goes to show how great are the challenges lying up ahead for Apple, challenges that keep me from recommending this company outright. You should try to see the whole picture too, and not get overly focused in small technical issues. Neither the speed of the G3 nor the nice PowerBooks were enough to have increased revenues (though they certainly stopped the free fall). The clearcase iMac is but one step in a long journey, many traps lie ahead (Rhapsody snafu anyone?).

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