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Technology Stocks : Apple Inc.
AAPL 277.59-0.1%10:32 AM EST

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To: GS_Wall Street who wrote (1919)3/26/1997 4:52:00 PM
From: Phillip C. Lee   of 213174
 
You will need to be extremely patient about Apple's rebounce if any in the
future because its earning records in past five quarters were miserable - lost
a lot of money. Who suffers most? It is shareholders and mutual funds holders.
Apple's chief might already try his best to make it profitable, but it is not
an easy task. Dr. Gil knows the only way to keep the wall street analysts
happy is to show them the profit as soon as possible. As long as he knew, we
, as shareholders, should be patient to wait the moments come true.

Actually, Intel is a good story to tell you about. When Intel had math problem
in its chip, the stock just remains at pretty low level. During that period
of time, several managines recommanded Intel, but Intel still lingered around
very low level. In about half to one year, Intel Warrant shot up 3-4 times
in this period.

I wouldn't say that Apple will follow the similar pattern, rather, I would
think Apple is a good stock we should hold onto, maybe pass to our next
generation since taxes are too heavy in the current law.
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