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Technology Stocks : Apple Inc.
AAPL 270.82-1.0%Dec 22 3:59 PM EST
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To: Annso who wrote (799)1/6/1997 4:40:00 PM
From: David Semoreson   of 213177
 
>Apple has a book value of $16.53 approx. at september end 1996

Yes, but the Next deal will take about $4.00 and the 1st quarter loss another $1.00, leaving approx $11.50. Wall Street will not give ANY value to NeXT unless it generates EARNINGS.

I'm not even sure if a quarter with sales gains can turn the stock price, it will take EPS. But I'm confident that the new PowerBook in the summer will make it happen. (and maybe Newton will help too).

Bruised but still confident .....
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