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

To: soup who wrote (17369)	8/28/1998 9:49:00 AM
From: Richard Habib	Read Replies (1) \| Respond to of 213173

Soup - why would IBM buy Apple??? Sure Apple or other companies can be great but if the market turns bearish it doesn't matter, PEs decline because of lack of buyers and Apple gets 16-17 for a 34 or so fair value. I'd only point out one other thing. These things we are seeing overseas (and in Canada) are not typical. In our lifetimes we haven't seen this before. The world is at a turning point that may be as macro as the future of free markets. I can't predict what will happen but I know enough not to be sanguine that every thing will be all right if I just buy and hold. Be careful. Rich

To: soup who wrote (17369)	8/28/1998 9:51:00 AM
From: Alomex	Read Replies (1) \| Respond to of 213173

Can you see Jobs agreeing to anything less than $80/share? I sure hope he does. It was that kind of foolish attitude that made Apple spurn a $45 dollar a share offer from IBM. Three years later we have not reached those $45 per share again. If I were Jobs I would demand a 25% premium over closing and declare victory. That's $10 billion for the hottest brand name in the consumer computer market. Don't make me laugh. That is like calling "groovy" the hottest expression in youth culture.