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Technology Stocks : Apple Inc.

AAPL 277.96

-0.3%

Dec 8 3:59 PM EST

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To: Alomex who wrote (20648)	11/9/1998 12:57:00 PM
From: Andrew Danielson	Read Replies (1) of 213174

Institutional Selling With the off-the-charts shares per trade figures and high volume of the past few days, AAPL has had its share of institutional sellers (as well as buyers). Given the huge share of stock Fidelity reportedly had a few months ago, could they be behind-the-scenes seller? My father works for US Bancorp and deals with institutional investors in his bank. He made a comment not too long ago to me about Fidelity being a "wishy-washy" institutional investor. They buy and sell at the drop of a hat, and that pisses off guys like my father who are trying to promote stability/low price volatility as a selling point to other prospective investors. --- Those Bollinger Bands are contracting a quick clip, a sign of an impending, large move either up or down. 35 is an important holding point, though. If we see 34 and change again, that would be a very bad thing . . . Andrew

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