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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: GS_Wall Street who wrote (6671)	12/8/1997 10:56:00 PM
From: Marc Newman	Respond to of 213173

Greg: Thanks for your comments about SGI, etc. Apple's high-end business isn't going anywhere soon. The upcoming PowerExpress line is a reward for those loyalists. Like I said earlier, I don't care about $999 machines right now. Apple couldn't even make money last Christmas on $1500 Performas. Forget low margins. I like the "Mac as low-end workstation" argument. Phillip: I always appreciate your market comments. Having one institution liquidating would make some sense. Franz: It doesn't feel like last summer's bottom to me. That one was a lot rougher than this one, I think. You're probably right though. <<The war is not over - it begins in January.>> Well put. I look forward to seeing how it all turns out. I'll keep my core position throughout 1998, I'm sure. Marc