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Technology Stocks : Apple Inc.

AAPL 278.05

-0.2%

1:50 PM EST

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To: J R KARY who wrote (8129)	2/2/1998 4:49:00 PM
From: Phillip C. Lee	Read Replies (2) of 213176

Jim, Can you elaborate today's scenario using your description as "converted bondholders" playing? I think Power effects impact the price more than bonds. Besides, there are rules that should be abided by bondholders. It is a very special curve from 1-minute chart, which indicates that it is likely two big guys were holding the prices (between 1/2 and 9/16) and exchanged the shares with cash (or "bonds") until the last 10 minutes where they released their hands and the price immediately went up about 1/4 in the last 10 minutes. Will this weired scenario repeat tomorrow? Phil

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