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Technology Stocks : Apple Inc.
AAPL 278.79-0.7%Dec 5 9:30 AM EST
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To: Jaidev Sharma who wrote (1134)2/3/1997 5:45:00 PM
From: JR   of 213173
 
1. Apple must stop wasting borrowed money supporting the stock
in the $16.00 area. With present data the stock is really worth
$3-$5

2. Apple must quit telling everyone it has over 1 billion dollars
in cash, it has close to 1 billion dollars in long term debt (also
consider the worthless inventory). Call in the factoring agents
to get rid of all the junk

3. Apple must find a niche making money supporting the installed
base (this is what will make it a $3-$4 stock,if not it will be a
penny stock)

4. I hate to say it but Chapter 11 will probably be used.
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