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Technology Stocks : Apple Inc.
AAPL 277.96-0.3%3:59 PM EST
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To: Mike Connolly who wrote (23749)3/31/1999 2:37:00 PM
From: HerbVic  Read Replies (1) of 213173
 
The market is open tomorrow, isn't it?

My theory, FWIW, is that this month managers are adding AAPL. The company has not warned. The evidence supports a good ER. And, funds had unloaded the stock with the 'expunge sector' action of previous weeks. Some huge block trades are passing at the ask and at the bid here lately. 400,000 most recently.

Now that the month is nearly over, the EOM window dressing action is slowing. The theory explains the stock's action this week and today, but it is just a theory.

My expectation is that at some point the buying will cease today and before the bell we will head toward 35 1/2. But, I've already had to revise that up from 35.

HerbVic
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