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To: Sonny McWilliams who wrote (15587)	1/4/1998 10:54:00 PM
From: Sonki	Read Replies (2) \| Respond to of 27012

don't like appl.@77pe ! here is more info on appl. amd: i told u pe said only near term called options. asnd looks ok for a pop. seg was mentioned on WSW or NBR. AMAT still ok. and yes i bot tbr recently. ------------------------------------------------------------------ also, i m a bit tired of trading also so i may sit on huge cash most of the year and wait for maraket to come to me and then invest in market index and let it go. hate keeping track of stocks/trades etc. ---------------------------------------------------- READ LAST 3-4 LINES ATLEAST. APPLE COMPUTER INC. (AAPL) 15 5/8 +2 1/2. The New Year has a way of renewing hope and making everything even again and the performance of this issue today is no exception. After losing more than 37% of its value in 1997, shares of this computer maker are having a stellar day on very little news. On the first trading day of the New Year, the stock has been able to advance by as much as 21%, before giving up some ground in the last hour of trading. Nonetheless, this is welcome news for shareholders who have stuck loyally to the stock during a rather tumultuous 1997, even though its highly touted CEO, Dr. Gilbert Amelio, decided it was best to bail-out with a very handsome golden parachute. The New Year brings optimism that the company will be able to right itself in a hurry and with the executive search committee dogmatically seeking the right candidate to head Apple's comeback, there is growing optimism that a surprise may be in store at next week's MacWorld Expo. Or at least this seems to be the reasons given for today's stock performance. There is no denying that the company is in hot water. While sales have dropped from a high of $11.062 billion in fiscal 1995 to just over $7 billion in the fiscal period ended in September, the company continues to be run by committee and is still losing market share. The much anticipated turnaround that was projected for last year under the old management team is now expected to occur in fiscal 1998. But like the past, this too could change again. While Steve Jobs is credited with reinjecting creditability and ingenuity to Apple, he is still only acting in the capacity of interim CEO and a long-term solution is still very much in need. However, this does not seem to matter at the moment as investors are jumping back into the stock, even though with today's price gains, the stock is trading well over 77 times 1998's projected earnings of $0.20 a share following consecutive losses of $2.84 and $3.01 a share in 1996 and 1997, respectively.

To: Sonny McWilliams who wrote (15587)	1/5/1998 5:50:00 AM
From: Frank Ellis Morris	Read Replies (1) \| Respond to of 27012

Good morning Sonny, I liked many of your stock selections and I see you have an interest in Travelers. Good Company from what I have heard. I personally do not like buying stocks outside of the US, since many of the companies I like are multinationals anyway. I hope that our markets today will not take their cue from Japan and Hong Kong are we will be in for a setback. This is going to be a very interesting calendar week and earnings are going to start posting on Friday. Take care Frank