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To: WTSherman who wrote (120747)	12/6/2000 3:46:26 AM
From: Joseph Pareti	Read Replies (1) \| Respond to of 186894

AAPL is a proprietary, vertically integrated company, pretty much like an "has been " like SGI. They had their window of opportunity like many niches have. Listen to what Jobs said, e.g. "Apple's microprocessors looked underpowered by industry standards, he admitted. " mmm I also know of ANOTHER proprietary, vertically integrated company sporting a microprocessor underpowered by industry standards. Got the idea ? -------------------------------------------- CEO Steve Jobs was in confessional mode on the conference call the company held following the warning. Apple's microprocessors looked underpowered by industry standards, he admitted. The company had frittered away its once formidable lead in the education market and underestimated consumers' interest in read/write CD drives. In each case, he promised, Apple would fix what ails it. And who knows? Maybe the release of OS/X, the company's next-generation operating system, would unleash some much-needed demand from consumers. Apple would be profitable again in the fiscal second quarter, which ends in March, Jobs reassured analysts on the call.