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Technology Stocks : Apple Inc.

AAPL 278.12

+0.8%

Feb 6 9:30 AM EST

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To: Scott Crumley who wrote (4227)	8/18/1997 11:16:00 AM
From: David Kuspa	of 213185

Hi Scott, thanks for the missive. I sold half my Apple position at $27, feeling that the recent rise was too far and too fast. The other half is still patiently sitting in my IRA. It's nice to be both in the black with my current holdings and to have pocketed some more profit on AAPL. My long-term feelings about AAPL haven't changed, and I will consider adding to my core position again in the coming weeks. I believe Apple has a good chance of breaking even or posting a small profit in this current quarter. This should push the stock back up towards $30 again. Lots of things can happen between now and the release of Rhapsody next year, offering those of us who follow the company closely several more trading opportunities. Good luck, D. Kuspa

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