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Technology Stocks : Apple Inc.

AAPL 256.65

-1.4%

10:08 AM EST

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To: devil ray who wrote (11827)	4/21/1998 1:36:00 AM
From: HerbVic	of 213181

D.R., It may have gapped up, but the gap was not big enough to spur profit taking on an issue with an 8% increase in unit sales with 25% margins in a sea of sector inventory trauma. MM's were caught on the wrong side of the news. They hate to do it, but if it saves their job and living... There would have been profit taking in an efficient market. It most likely would have leveled the price at or above $36. The volume speaks for itself. There was churning. HerbVic

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