Tuesday, May 14, 1996

Press Report: Apple Plan No Help to Firm's Stock

“…Prove it.  That was Wall Street’s reaction yesterday to Apple Computer Co.’s new grand plan to save itself.  Apple stock, which has fallen more than half from a high of 49 3/8 last June, barely moved, closing down 1/8 at 27 1/8. ‘Is it too late, is really the question,’ said William B. Seebeck, managing director of Grant/Seebeck International of Wilton, Conn., ‘Apple has just had losses that have been so gigantic.  It makes people gun-shy of where the company’s going to go.  Does it come too late?  That’s the issue..."                               

New York Post,  May 14, 1996

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