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Technology Stocks : Apple Inc.

AAPL 272.16

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3:59 PM EST

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To: Charles W. Breaux, Jr. who wrote (1852)	3/21/1997 12:05:00 PM
From: Phillip C. Lee	of 213176

"IDC gives Apple worst rating" in the following site provides the similar story: news.com:80/News/Item/0,4,8995,00.html?dtn.head I hope Apple can stand up to defend itself. If Apple's chief just keeps promising that it will return to profit in MSC meeting, I don't know what investors got from this simple statement. Dr. Amelio complained about media misleads the audience, then he should take an action to make it clear. The best way to show Apple is improving is from its quarterly reports. I believe that this is not only a year for new products, but more importantly, it is also a turn-around year from next quarter (I think Dr. Gil would put off until 4th Q). It had better not slip again like last time's promise - 2nd Q should have profit. I would believe that much sharper questions will be raised up in the coming meeting between retirement funds managers and board of directors.

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