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Technology Stocks : Apple Inc.

AAPL 270.98

-0.3%

Jan 2 3:59 PM EST

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To: Marc Newman who wrote (8356)	2/10/1998 3:35:00 AM
From: Matt Webster	of 213177

Marc, I need a breakout above 20 to show me that anyone but me thinks Apple is a buy. An appealing roadmap would do that, especially if the market generally is trending up. I am not impressed with Steve Jobs PR. I am long the shares and the Jul 20 put. I would trade them on retracement to 17.5. Since we are at 19 3/8, I will wait a bit for a breakout. If we don't get it, I am out. There are too many other things I want to buy. Matt

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