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Technology Stocks : Apple Inc.

AAPL 278.79

-0.7%

Dec 5 9:30 AM EST

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To: David Semoreson who wrote (1165)	2/4/1997 6:38:00 PM
From: Fernando Saldanha	of 213173

<<By the way, it has $1 billion in short term debt, maturing before August.>> I read this in a magazine in the IT library where I work. I believe it was Computer World. There was a whole article on the issue. They said Apple had $1.8 billion in cash, which made them look comfortable, but the situation was actually serious because they had so much short term debt. If I remember correctly they were including the cost of buying NeXT in the short term debt. I will try to find the article, but that will have to wait until next week, since I am not going to work this week (I am taking a course). Best regards.

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