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


To: Phillip C. Lee who wrote (13950)5/22/1998 12:14:00 PM
From: Essam Zaneldin  Respond to of 213177
 
Phil..

Thanks..

Essam..



To: Phillip C. Lee who wrote (13950)5/22/1998 12:52:00 PM
From: Zen Dollar Round  Respond to of 213177
 
<<If Apple's April sales are #4 ahead of IBM, then why AAPL is down
to 27 1/2 today? Is it the UMAX news?>>


To which Phillip C. Lee said:

Umax is part of the reason, however, Umax uses it (don't know if it'strue) as a bargain chip for the extension of future license in July.

Why would Umax want to extend the license? If they're losing that much money making the things, then I should think they'd want to get out of the business on their own. The article made it sound like Umax was winding down production of Mac clones due to the losses. Down to a stop is implied.