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Technology Stocks : Apple Inc.

AAPL 273.79

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3:59 PM EST

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To: Ryan Weisman who wrote (2246)	4/25/1997 8:57:00 AM
From: Phillip C. Lee	of 213185

Nobody knows when Apple will be goning up significantly, but it seems to be in June-July range. The letter from Dr. Gil: www2.apple.com From Dr. Gil's letter to customers, I notice that he mentioned "profitability" three times in this short letter, which indicates that he is very anxious about the net incomes in the coming quarters. I believe he has iron will to bring back Apple to black since this relates to his reputation and a threat from outsiders, such as Mr. Ellison. I am not surprised that the current quarter results in a slight positive net income due in the middle of July.

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