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Technology Stocks : Apple Inc.

AAPL 258.33

-0.6%

3:59 PM EST

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To: Sam Scrutchins who wrote (34072)	7/19/2002 10:22:54 AM
From: Alomex	Read Replies (1) of 213182

Jonkai, let's take you point a step further. If Apple's cash is about $12.50 per share, and I have heard various renditions in this area, then plant and equipment are probably another $2 or so, not to mention the value of the brand. I'm willing to bet a virtual beer and a netscape cookie that Apple will trade below $14 before the end of this quarter... I think a strong argument can and should be made by Apple stockholders that the company should take some of that cash and repurchase 15 or 20 million shares. I agree, unless Apple is eyeing a large acquisition...

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