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

To: Eric Yang who wrote (6713)	12/9/1997 3:22:00 PM
From: Alomex	Read Replies (1) \| Respond to of 213173

Did the article give any specific reason to justify its prediction? The entire article read as if all the data came from an official release by Apple together with info on the SEC filling on Gil Amelio. I was very surprised when I turned on the computer and could find no reference here or on Yahoo news to the part talking about the extra 30 million dollar write down and the lower revenues for this quarter.

To: Eric Yang who wrote (6713)	12/9/1997 3:26:00 PM
From: Marc Newman	Read Replies (1) \| Respond to of 213173

Okay, I just looked up the WSJ article from yesterday. The article is mainly about Amelio's ridiculous compensation but has a paragraph at the end commenting on the Friday SEC filing. Basically the WSJ just repeats the facts, the company's sales will slide through March, it will take another $30 million restructuring charge sometime in the next six months, and it faces pricing pressures from clones. I've been expecting the lower revenues and the additional charge is a bit of a shock, but I don't see why the competition with the clones isn't fading, not increasing. From what I can tell, the competition since early November has been entirely in the low-end. I'd think UMAX is having a rougher time than Apple. I'll mull this for a while. Meanwhile, AAPL's heading back up. 1/4 by 3/8. Marc PS--Alomex, good to have you back. Read the news.com article, if you haven't.