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Technology Stocks : Apple Inc.
AAPL 278.79-0.7%Dec 5 9:30 AM EST

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To: Michael Collins who wrote (1402)2/17/1997 7:05:00 PM
From: Nitski   of 213173
 
Michael,

>>
Apple is trading right now around its book value, isn't it? Does that
make it a buy if so? Just curious, not a shareholder now but possibly
for the future.
<<

Not necesarily. If they keep incurring losses by taking lots of charges and not making enough sales to make up for it, they are going to eat away at their cash. And competing with wintel takes a lot of cash....

Peter
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