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Technology Stocks : Apple Inc.

AAPL 280.65

-1.2%

3:59 PM EST

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To: Edward Boghosian who wrote (1945)	3/27/1997 7:25:00 PM
From: soup	of 213173

IMVHO and FWIW. I'm non-plussed over the Ellison story. Sounds like a lot of hot air, If he were really interested he would have spent $100 million to acquire 5% of AAPL stock -- the legal limit before public notice. Right now he has nothing at stake and is just blowing air. By going public without a committment or having his ducks in order, he only diminishes his own credibility. Maybe he's doing his friend Jobs a favor by pointing out AAPL's underlying value. Because I'm already long term bullish on the stock, I don't think there's anything wrong with buying AAPL at these prices (either as a shareholder or as an acquirer.) 1.2 billion to acquire a controlling interest in this brand name, intellectual property, etc. For the speculators out there, I think it's a win-win scenario -- it'll work out later if not sooner. This story sounds like there's nobody hanging around Ellison who's strong enough to tell him when to shut up. soup

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