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Technology Stocks : Apple Inc.

AAPL 277.47

+0.2%

Nov 26 3:59 PM EST

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To: Marc Newman who wrote (5445)	10/16/1997 4:14:00 PM
From: Marc Newman	of 213173

tech, So where did you cover at? My guess is you were right there watching at the beginning and covered with sorrow at about 21 1/4 as we bounced off 21 with no problem. You were right on the earnings (or rather, I was right on the earnings if not for Japan) but wrong on the strength of this stock/history of this stock. The co. has new products, new management, and what seems to be a base of six to seven billion in revenue a year. Also, we know have reasonable year to year comparisons. Don't think Apple is going to lose $120 million next quarter, or $708 million the one after! Glad one of us made money today. Marc

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