Apple Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Apple Inc.

AAPL 278.06

-0.2%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: joe caetano who wrote (5796)	10/31/1997 10:38:00 AM
From: soup	Read Replies (1) of 213176

Don't Try This at Home. >And as far as the markets go, we'll only go as far (for now) to say that we don't think it will be a good idea to be "Short Apple" unless your short position's entry point is a lot higher than 32. You might start feeling pain that just might not go away. And no, we can't go any further than this publicly right now. < geocities.com $32 is about where Oracle's stock (ORCL) was trading 10/28-29. (Over 35+ as I write this.) It's not too far to speculate that the rumored "event" Apple Recon is alluding to is a one-for-one stock buyout of AAPL by ORCL. For those who with cash to waste on a such a totally irresponsible speculation -- but one with obscene upside profits to the upside -- l suggest Nov '97 $20 calls for $.50. For the record, I have absolutely no inside info on this event and I make absolutely make no prediction about whether or not it will come to pass. soup

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next