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Technology Stocks : Apple Inc.
AAPL 277.23-0.3%Dec 9 3:59 PM EST

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To: ScottT who wrote (2619)6/25/1997 6:54:00 PM
From: Alomex   of 213176
 
Your optimism is nearly pathological.

Jobs tells his buddy "man this a hard one", so difficult in fact that he estimates it would take four Larry-Ellison years to turn around.

And what conclusion do you reach? "maybe [Jobs] wants the credit"...

Yeah, maybe...

Apple has a lot of problems. It might turn around, but at this time is very unclear. "A tough four year job" sounds like the best description I've heard in a while.

I've followed this stock all the way down from $33 bucks to $15,
and at every stage people have given the same arguments why this company will not go lower: customer loyalty, educational market, ease of use, Microsoft-is-evil, graphic application market, web
servers. You name it. Facts are the company has gone lower, much lower, both in price and market share. Not much has changed since I started following this stock.

1) New management (I'm not impressed)
2) Cheaper prices
3) Clones
4) Instead of waiting for Copland now we are waiting for Rapsody.
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