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Technology Stocks : Apple Inc.
AAPL 278.79-0.7%Dec 5 9:30 AM EST
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To: Golden Bear who wrote (21364)12/22/1998 5:29:00 PM
From: rhet0ric  Read Replies (2) of 213173
 
Assuming that the reason for AAPL's lame performance in the last few months has been the belief that iMac sales were disappointing, this news release from PC Data could turn everything around and bring AAPL back to where it should be.

So where should it be? Well, it was around this same price (38) at the time of Q1 results in October. Then they blew away earnings, the market rallied, and now Q2 results are looking really good. None of this has been factored into the price yet. So we should easily see jump into the 40s, imho, over the next week or two; with any luck, we could hit 50.

rhet0ric
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