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Technology Stocks : Corel - Investors with no Humor -- Ignore unavailable to you. Want to Upgrade?

To: Kashish King who wrote (709)	6/28/1998 9:12:00 AM
From: A. Reader	Respond to of 1094

>>>Well, I wouldn't wish ill-health or accident on anyone<<< Rod, Of course not. But what a way to go!

To: Kashish King who wrote (709)	6/28/1998 9:31:00 AM
From: A. Reader	Read Replies (2) \| Respond to of 1094

Rod, This strategy doesn't appear to be such a far cry from Corel's ( Except here it appears to be working ): The results confirmed that Apple's first-quarter profit was not a fluke and reinforced a growing perception on Wall Street that Jobs has at least temporarily reversed the company's decline. Since taking over last July, Jobs has ruthlessly cut R&D and administrative costs, pared down Apple's product line, and boosted the company's advertising efforts. Before Jobs came aboard, conventional wisdom held that Apple's survival depended on increased market share. Jobs's strategy, in contrast, has been to maximize revenue from existing customers in the graphics and education markets. In announcing the most-recent results, Anderson made it clear that Apple still sees fertile ground in its installed base. "That's our first priority," he said, noting that many users have yet to upgrade to the latest generation of speedy Macs. macworld.zdnet.com