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

To: Gary Ku who wrote (11090)	4/12/1998 11:30:00 PM
From: Rich Nielsen	Read Replies (5) \| Respond to of 213173

I live in Silicon Valley and thought I'd relate a recent newspaper item about Apple. It wasn't very positive! It presented the following quote: "An eroding tech business is an oxymoron. It doesn't stay in business long." It documented Apple's eroding market share and gross sales as well as its loss (both through layoffs and departures) of its internal talent. It made me think that Apple's recent profits may just be an anomaly. How can it compete with the wealth of talent and money of a Microsoft with Apple's eroding business and market share (as the quote eludes to). I bought at a nice low price at the end of the year and I'm starting to think maybe its time to take my profits and run while the gettings good! Anyone have some really good reasons why I should change my mind? Thanks, Rich

To: Gary Ku who wrote (11090)	4/13/1998 8:45:00 AM
From: Phillip C. Lee	Read Replies (1) \| Respond to of 213173

Steve is smart enough not to collect all the money for himself. He gave his group of now AAPL executives 20 million shares, that equivalent to $500 million dollars in today's AAPL stock price. He makes his party followers rich and gain control of AAPL without having a title as CEO. His so called cost cutting is to cut off people he doesn't like, but give far more to people he likes at the original share holder's expense. Last quarter's 45 million dollars earnings compared to 500 million dollars giving away is really nothing. Poor AAPL shareholders's interest have been sharply diluted without knowing it. Well, as long as Apple has guts to place shareholders meeting after Q2 reports, I pretty trust BOD's stock option's decision since only they have known the Q2 results and have forseen at least six months ahead. BOD's team is the strongest one among the same group of companies. Their judgement and decision are worth trusting. Phil