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Technology Stocks : Apple Inc.
AAPL 272.99-0.3%Dec 30 3:59 PM EST

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To: cfimx who wrote (616)12/24/1996 3:04:00 PM
From: Randy Tidd   of 213177
 
> the facts are that a concerned employee of NEXT was
> shopping the company to anyone who would take a phone
> call.

This sounds like a bit of blatant misinformation. Where did you hear this?

There are people at NeXT (just like any other company) that are responsible for feeling out possible alliances with other organizations. So that part of what you say is probably true. But to say that some concerned and desperate NeXT employees were calling around looking for someone to bail out the company is pretty far fetched and reeks of shameless negative press. You should change your name from "twister" to "spinner".

> The article implied that this person felt survival was
> at stake. Next has about $50m in revenue and has never
> made a dime. Does all this sound to you like a good deal
> for aapl?

NeXT is not public and isn't obligated to show their books. How do you know what their annual revenue is?

Anyway I should also say this. I make a lot of posts sounding like a NeXT advocate but it is just to try to clear up misinformation. I don't own Apple stock and I'll be cashed out of my NeXT stock options in a few months so I don't have any interest in the stocks.

However some things that were said here are true. NeXT is a struggling company, no doubt about it. They've had several big sugar-daddy funders (Canon and Ross Perot to name two) that are pretty unhappy that their investment hasn't paid off. They have consistently failed to show a profit. They change their companywide marketing strategy on a quarterly basis and the company has a lot of turnover. They've never achieved significant market share.

However they have great technology, no doubt about that either. My hope is that this merger with Apple will help to settle some of the management and marketing problems in the company and serve to bring the technology to a larger market where it belongs.

Randy
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