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Technology Stocks : Apple Inc.
AAPL 276.46+2.6%3:59 PM EST

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To: RJC2006 who wrote (3834)8/8/1997 2:59:00 PM
From: JC   of 213185
 
"Better yet, Bill Gates could have dipped into his own purse and gave that chump change up. What's 150 million to him? Much like the quarters you put in your piggy bank I imagine. As I remember the current loss per share on Apple is 6.6 isn't it? 150 million may seem like a lot but it really isn't much when you're losing 2 million dollars a day. But I must admit 150 mill is a lot to pay for a puppet string!"

The $2 million a day burn rate is a number from the past. It would not suprise me if Apple reports a profitable 4th quarter. What puppet string are you talking about? It's not worth $150 million for Apple to make Internet Explorer the default browser, get at least some sort of settlement for technology which Microsoft has already stolen, access to Microsoft's internet technology and a strong public endorsement from the world's largest software company? And by the way, Apple's growth doesn't lay at the expense of Microsoft, it lays in Sun's and SGI's markets.
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