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Technology Stocks : Apple Inc.
AAPL 262.22-1.9%3:59 PM EST
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To: Andrew Danielson who wrote (16463)8/11/1998 7:37:00 PM
From: Edward Boghosian   of 213178
 
You are right, it would have been better if it closed at its high. The selling may be to people who feel Apple has gone too high and too fast. If it does drop, I think it will go to the low 30s but I wouldn't worry because, I think, there is plenty of upside left. Consider this: Fidelity would not take a significant stake for 10 points or a few months hold of this stock. Ups and downs but with a steady upward bias is, imho, the best way. Remember, too much yeast makes for a lot of gas.
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