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Technology Stocks : Apple Inc.

AAPL 271.50

+2.0%

Nov 21 9:30 AM EST

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To: Scott Simpson who wrote (1975)	3/30/1997 5:31:00 PM
From: soup	of 213173

Ellison "Stepping Up To The Plate"? >RFI suspects that Mr. Ellison's investment group has already been buying Apple shares on the open market and the reason for him going public when he did is that they have probably reached, or are approaching, the level where they have to file the papers with the SEC.< >Another point a lot of analysts and other have failed to consider is that Apple (AAPL.O) hung at the heavy support level of 16 like a rock even though it was vulnerable to hitting 14 or lower in late March to April. What is a potential reason for Apple (AAPL.O) hanging near support is that individuals were accumulating the stock at this range and might be prepared to place both their Apple stock and money into that pool. Not to mention the accumulation of calls.< geocities.com ----------------------- Call them "educated speculations", but Mr. Morgan seems a hell of a lot more knowledgeable -- and thorough -- than anything I've read in the "major media". soup

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