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Technology Stocks : Apple Inc.

AAPL 278.86

+0.5%

12:59 PM EST

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To: MeDroogies who wrote (25471)	7/14/1999 5:14:00 PM
From: Louis Gray	Read Replies (1) of 213173

Don't Look Back thestreet.com Immediate as the trading day ended, market players began looking ahead to today's round of post-close earnings news. The most prominent company reporting this evening is Apple (APPL:Nasdaq), which rose 4.2% ahead of reporting third-quarter earnings of 69 cents a share vs. the 19-analyst estimate of 64 cents and year-ago results of 50 cents. But "I don't think Apple means whole helluva lot," said Jim Volk, co-director of institutional trading at D.A. Davidson in Portland, Ore. "More important is if smaller companies continue to have numbers coming in better-than-expected along with big companies. [If so] I think the market is going to be all right."

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