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Technology Stocks : Apple Inc.

AAPL 268.55

+0.4%

3:59 PM EST

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To: JC who wrote (5655)	10/24/1997 10:01:00 AM
From: Marc Newman	Read Replies (3) of 213173

On the other hand, I'm more convinced we see a profit in Q1 than ever. Sounds like the Gossamer machines are on track for Nov. 10 or so, as well as the new Kanga laptop. I also see lots of areas where they can get a pop--potential licensing fees from MSFT, dipping into the restructuring fund that they've already written off, etc. Expenses are going to be lower than ever yet they will sell more product than $1.6 billion. Jobs wants to show a profit because this is his quarter and because Apple needs to show one to get the press off its back. I think he and the board will do whatever possible. A $50 million NC seed from Oracle, anyone? This is all IMO, but I'm convinced and a buyer at these levels. Go ahead someone. Make the case why this quarter won't be a better one. Marc

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