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Technology Stocks : Apple Inc.

AAPL 278.28

+0.1%

Dec 12 9:30 AM EST

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To: Phillip C. Lee who wrote (10620)	4/1/1998 2:16:00 PM
From: Marc Newman	Read Replies (1) of 213176

Phil, how does that currency advantage look now? I ask because of the NYT snips: <<International Business Machines Corp., the largest computer maker overall, is expected to report lower earnings for the first time since 1996. The dollar's strength eroded foreign sales and IBM had acquisition-related charges and high sponsorship costs for the Winter Olympics.>> <<IBM also is being hurt by difficult market conditions in Japan as well as the dollar's strength.>> What's the dollar at now, 133 yen or so? Regards, Marc

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