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Technology Stocks : Apple Inc.
AAPL 276.41+2.6%3:59 PM EST

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To: cfimx who wrote (373)10/17/1996 10:42:00 AM
From: David Kuspa   of 213185
 
Your sarcasm is pretty pathetic because you just can't bear to be wrong, can you? Thanks for so generously devoting so much of your time to "educating" us Apple fanatics who have made such an unwise investment. In spite of your avowed altruistic intentions, I still think you're a short seller because your continued negative opinions on this stock are not only plainly wrong, but seem more and more illogical. All your one-note opinions, philosophies, analogies, diatribes don't mean a thing when you face the facts:

AAPL is up 69% from its recent low of $16; up 35% from the $20 I got in at. It has been a great turnaround play for my portfolio and I only wish I had bought a little more.

It's true that sales and earnings are still below those of last year's 4th quarter, but sequential growth is one of the reasons the street is showing its approval. Revenues and unit shipments were up from the previous quarter, suggesting that the bottom is behind us. And the $13.98 in cash and short-term securities per share doesn't hurt either.

D. Kuspa
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