Apple Inc. Message Board

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Technology Stocks : Apple Inc.

AAPL 259.35

+0.1%

Jan 9 9:30 AM EST

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To: Andrew Danielson who wrote (16463)	8/11/1998 8:49:00 PM
From: Linda Kaplan	of 213181

Apple closed two points off the high but also almost two points off the low. It closed pretty much in the middle after making a significant strong new high for the year(s), and in a terribly bad market day. I saw it as the kind of cautious profit taking that some of our members here engaged in, or that traders engaged in. It was possible to make great day trading money today as well as to take profits from waiting for years. In a scary market with potential margin calls and such it made sense for some to pull out some cash. I personally hope the selling will carry through for a while so I can buy back some calls to possibly hold through the next earnings report. I kept my Jan calls and my Leaps, but I need more AAPL! Linda

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