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Technology Stocks : Apple Inc.
AAPL 278.79-0.7%Dec 5 9:30 AM EST

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To: Bill Jackson who wrote (5341)10/11/1997 5:45:00 PM
From: FR1   of 213173
 
Not discussed so far is the ability of Apple to prevent any takeover. Gil was confident that he could fight off any attempt by Oracle when the stock was at 17! Oracle backed off even when the stock was at 13. Also you need to consider the stockholder backlash. If it is made painfully clear to Umax/Mot by media and institutional holders that they would strongly protest a attempt, it might be foolish to try.

Regarding the demise of Apple:
I have been graphic arts for most of my life and I don't see any erosion at all. Customers constantly send me artwork and files for publication and Mac customers outnumber PC by 5 to 1. When I periodically drop by a copy place it is the same as it has been for years - about 30% PC and 70% Mac and the PCs are usually sitting empty. I know a prepress house with over 40 Macs and 2 PCs (which they are using as servers). They think they will get rid of the PC servers in January (or downgrade them for use in the occasional circumstance when must have a PC).

I don't even know why you even initiated a discussion like this. You make it sound like the Intel machines are reserved for Microsoft (WinTel). Rhapsody (shipping this week!) runs on Intel machines! In fact, that is where NeXT did almost all of its business. And it is real UNIX - not a UNIX wanna-be like NT. It sounds like you are living in yesterday - reading historical data and trying to pretend that you can extrapolate that data to give a clear picture of the future. If you really believe what you say, buy Apple short (and please buy a lot).
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