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Technology Stocks : AAPL? How to trade/invest?

AAPL 268.89

-0.1%

11:02 AM EDT

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To: xu, b. who wrote ()	6/9/1997 2:05:00 PM
From: Ted Levy	of 162

Recent press releases state that Apple is aiming for a return to profitability by September. Rhapsody is designed to run apps that also can run on PCs. These two facts taken together mean that Apple may indeed be at what George Soros calls an "inflection point," with the stock and company poised to make a turnaround. I've turned bullish and invested, at well under 2x book and of course light-years below annual sales. A return to profitability and growth could mean an incredibly low p/e at the current stock price.... Ted

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