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Technology Stocks : Apple Inc.

AAPL 286.23

+1.0%

Dec 2 3:59 PM EST

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To: Richard Habib who wrote (6221)	11/10/1997 10:02:00 PM
From: Phillip C. Lee	Read Replies (1) of 213173

Even there is an announcement that Oracle and Apple will work together on NC project, or Microsoft is to license Rhapsody, it surely could boost up Apple's price, but the fundamental problems on Apple are still not resolved. Mainly, Apple needs to return to profit ASAP. What Jobs has done today is to effectively sell Apple's products with minimum inventory, which actually is Apple's major problem - forecast and chips shortage. When Oracle was $5 per share in early '90, who helped Oracle stand up and grow? Nobody but itself. Hence, Apple needs to do the same thing as other successful companies did. I believe Apple can make it and grow again by itself. Phil

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