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Technology Stocks : Apple Inc.

AAPL 266.38

-0.8%

3:59 PM EST

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To: Dave Jacob who wrote (5667)	10/24/1997 10:04:00 PM
From: Stephen Leung	Read Replies (1) of 213173

Short term Sales I think Apple in the short term should sell more boxes. I do agree that the firesale of Power Computing computers will crimp demand. However, with no competition, Apple should sell more computers at Christmas barring a market meltdown and East Crisis. Their prices are becoming more attractive. The only long term negative is that there will be fewer and fewer Mac Computers. Apple's narrow minded vision of the future is them dominating their own market. Apple has failed to learn from its historic mistakes and thus is doomed to share a dwindling market with whatever clone maker is left (maybe 1 or 2 large cloners). Obviously a big negative because this drives software development down and scares away both consumers and corporate users. What I see: Apple will become more of a software company like Microsoft, pumping out programs and System software to the Wintel machines. Their Rhapsody should take hold and help preserve whatever remnants of Mac OS is left.

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