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Technology Stocks : Apple Inc.

AAPL 278.28

+0.1%

Dec 12 9:30 AM EST

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To: David Semoreson who wrote (9290)	3/11/1998 10:18:00 PM
From: Phillip C. Lee	Read Replies (1) of 213176

David, Well, they'd better believe this time's rally is totally different from the one in last August. This one has very fundamental support - excellent Q2 results (at least expectation) as well as outstanding products. Today's stock is unforgetable, the price shot up $2+, the volume hit 10+m, and skipped $25's directly from low end of $24's to $26's. I believe there are at least 10% of outstanding shorts traded today. The momentum will be carried through at least the rest of the week. It seems I start to smell $27+ by Friday. Phil

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