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Technology Stocks : Apple Inc.

AAPL 278.79

-0.7%

Dec 5 9:30 AM EST

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To: J R KARY who wrote (6767)	12/11/1997 1:49:00 PM
From: Marc Newman	of 213173

Jim, I think we're down three due entirely to the 10-K and the fact that everybody knows that Apple is heavily exposed in Japan. Okay, toss in that the NASDAQ is getting killed and that tax-loss season is upon us. Apple always waits until MacWorld to make the big announcements, thus no NC at IW. Plus they've gone "stealth" for the rest of the month to get expenses down. I'm still optimistic about the Jan. events. I would like some earnings downgrades first to give Apple a lower bar to shoot for. Marc PS--Eric, Global Village is up today! I'm going to take a screenshot of all my stocks at the end of the day.

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