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Technology Stocks : Apple Inc.
AAPL 278.06-0.2%3:59 PM EST

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To: Bill Jackson who wrote (6167)11/10/1997 4:27:00 PM
From: Jon Tara  Read Replies (2) of 213176
 
You people are missing the point. You are looking for miracles, and you aren't going to get a miracle.

Wasn't there a suggestion of a return to profitability in the next quarter? Isn't that THE most important news that could have come out?

This market is crazy - people care about everything except what really matters - profits.

BTW, I note that there was no max exodos of large blocks in the slide from 21. There were NOT a large number of large blocks, and more of the big blocks during that time were at the offer than at the bid.

It's possible that the blocks bought last week were broken-up and sold into the slide, but I suspect that the big buyers just stood pat, while allowing the SOES traders to run it up and back down again. Most of the trades today were 1000 share trades, which would support that theory.

If the big guys had sold, this stock would be in REAL trouble right now!
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