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Technology Stocks : Apple Inc.

AAPL 278.85

+0.5%

Nov 28 9:30 AM EST

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To: Alomex who wrote (5429)	10/15/1997 2:33:00 PM
From: J R KARY	of 213173

Alomex :. ruling out more mass layoffs is not "cooking the books" I believe the post author was summarizing S. Jobs statement to Bruce Francis/CNBC at last week's Seybold Conference in S.F. Mr. Jobs said he saw no need for further mass layoffs thereby avoiding a writedown charge this quarter or next. Product refunds/discounts will be in next quarter . Jobs kept the option open for job elimination or as IBM used to say "Manpower Leveling" , which they avoided using in folding Aptiva . It is important to remember Jobs stated AAPL's Board would now participate in AAPL's share appreciation yet there has been no public announcement of their new option plan . The continued lack of a CEO , sales zecks being squeezed out , no board option plan and IBM's Aptiva void sparks my interest . Larry E.'s unsolicited praise of AAPL on Monday at his annual meeting cannot be overlooked and forces me to inquire: .... " Alomex are you flexible enough to short AAPL at $35 ?" Know you are , but if AAPL comes near earning expectations and a CFO is named who knows ? Mark quickly ; contact and ask your bagel guy ! Regards, Jim K.

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