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Technology Stocks : Apple Inc.

AAPL 270.82

-1.0%

Dec 22 3:59 PM EST

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To: David Semoreson who wrote (801)	1/6/1997 6:23:00 PM
From: alan zisser	of 213177

I agree. Doesn't matter what the book value is, it only matters with Wall Street has any confidence in Apple turning things around. Those that think the stock will see 30 or 40 this year, are dreaming. It will be lucky to stay in the low 20's through the year. Until it stops bleeding and starts turning profits and maintains market share, nothing good will happen. And for those people who think that Wintel is somehow going to be overtaken by Next/UNIX systems with Apple leading the way, are living in a vacuum. Wintel PCs dominate the mainstream business world. The investment is huge. Businesses don't change just because there is something theoretically better. If that were the case, we'd all be using Macs the past 10 years. Business has a trillion dollar investment in Wintel PCs. Not to mention that Intel and Microsoft aren't going to sit by and let someone else in. These guys are a juggernaut. There are too many customers and businesses committed to the platform. And Intel will survive a bug or two in a chip once in while.

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