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Technology Stocks : Apple Inc.

AAPL 277.96

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Dec 8 3:59 PM EST

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To: J R KARY who wrote (9834)	3/21/1998 2:21:00 PM
From: Phillip C. Lee	Read Replies (1) of 213173

Jim, I always support your views regarding Cannivino's role in Apple because I clearly see how much impact from IBM on Apple's future and the trend is continuing. IBM allowing Jobs to demo 400mhz PPC chip can tell some trace of negotiation between IBM and Apple. Cannivino was probably involved in such negotiation. As I stated before, Apple's IBM's subsidiary company if viewing from certain angle. Jobs has been certainly the best CEO candidate since he appointed his ex-NeXTers at several key positions last year. Now, he has more bargaining chips at hands to talk the position seriously. I agree the BOD are smart enough to retain Cannivino in case the negotiation is broken between Jobs and BOD. However, Jobs cannot ignore Cannivino's background support - IBM. It's like small fish eats shrimp, and eventually big fish will swallow the small fish. It's likely Cannivino will be part of Apple, the possible position could be one of BOD, or even the Chairman of BOD, if Cannivino really carries the mission from IBM and totally complies with IBM's strategic plans on PPC's future prospect. Phil

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