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Technology Stocks : Apple Inc.

AAPL 268.55

+0.4%

Nov 19 3:59 PM EST

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To: Patrice Gigahurtz who wrote (7137)	1/5/1998 1:55:00 AM
From: J R KARY	Read Replies (2) of 213173

Hi Patrice...Don't think the shorts have covered yet IBM needs to determine the DOJ's effect on MSFT and may settle for a strategic alliance with AAPL for now. S. Jobs may have used the CEO interviews to gain strategic info for AAPL as M. Markkula's NYT 9/1/97 interview notes it took 2 years (without a CEO) to hire Sculley in 1983: search.nytimes.com AAPL earnings look good as it will retrieve $50 mln from the $75 mln it reserved for the Power deal but hasn't filed a 8K with the SEC yet. Amelio's $1 bln bondholders appear to have converted and if so will save AAPL another $60 mln/year in interest or 0.05/share annually. Large volume buyers drove AAPL up on Friday , MacWorld will now kick in , and the annual (report) meeting / new Board proxy should continue the spike upward to un-nerve the shorts. Regards, Jim K.

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