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Technology Stocks : Apple Inc.

AAPL 255.48

-1.1%

3:59 PM EST

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To: David Semoreson who wrote (2694)	6/30/1997 7:00:00 PM
From: James Yu	of 213182

David, No one knows where is the bottom. If you insist on $9 - $11, I wish you have good luck to buy at the very low price. I just started to try from $14 5/8 last week(I can tolerate the price for long term investment), and I am going to continue to try to accumulate my stakes. I believe the bottom is not too far. If you look at the charts of RSI(14), MACD(8-17-9) and Stoch. % D, EMA(5-3-3), you will find out AAPL is oversold at the moment. If the price really drops to $9 - $11, you need to figure out the short positions(14.62 million shares) which will ind out the grace entry to cover and will push the stock price up to somewhere. That is what I said I like higher figure of short positions. I don't believe AAPL stock price will drop to $9 - $11. I do believe AAPL stock will rebound pretty soon. If its price drops below $11, it is a panic sale. Best wishes James

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