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Technology Stocks : Apple Inc.

AAPL 278.86

+0.5%

Nov 28 12:59 PM EST

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To: CHIP HUNTER who wrote (5547)	10/18/1997 12:05:00 AM
From: Phillip C. Lee	of 213173

My model has shown the similar result, $20 is a strong supporting point, but short positions have been slightly increased. My model tells me that Apple will break yearly high (around 29.75) before the year end. This is purely a mathematical model which uses each minute's trading volume along with buy/sell prices, and moving hourly averages, estimated short position volumes, estimated overall price average and other parameters, to predict stock's future movement. The next resistent point is around $30. Well, this is purely self-devised model, we will see how accurate it is within next three months. Phil

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