Apple Inc. Message Board

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Technology Stocks : Apple Inc.

AAPL 272.55

-0.1%

Nov 14 3:59 PM EST

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To: Eric Yang who wrote (7869)	1/20/1998 9:38:00 PM
From: Phillip C. Lee	Read Replies (1) of 213173

I agree that everything is on track on aspects of products developemnt and delivery. How about stock price? Does it also keep on track with its revenue/net income? Based on today's close price, the stock has been pretty stable above 19 (19 or above in the last five sessions, except one at 18.75 while during that day most of trades were above 19). It seems 20 is a barrier. If it can exceed 20, then the price will get higher until around 23. If not, then it probably will test 18. Under current circumstances, it seems to have good probability to go upwards. Whether or not today's IBM quarter report will impact tech stocks as a whole, remains to be seen. But I doubt it will because other tech stocks seem to perform well after bell. The tech stocks will be continuously speculated for another bellweather stock- Microsoft to report its quarter results tomorrow. Phil

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