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Technology Stocks : Apple Inc.
AAPL 277.47+0.2%Nov 26 3:59 PM EST

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To: Eric Yang who wrote (8984)3/2/1998 3:57:00 PM
From: HerbVic  Read Replies (1) of 213173
 
There was a building speculative interest in AAPL last week in reference to expected Q2 earnings, CEO announcement, positive outlook, etc... plus the general bullishness of the market. The short squeeze, already underway, amplified the run-up effect. When the Newton announcement broke Friday, it was somewhat analogous to the music stopping in the middle of a noisy party. By Monday the revelers were headed for the door in an orderly procession.

No news run-up. News run-down. It was like a sudden reminder that the host has a lot of work to do in the morning.

The good news today is that the bargain sign is back up next to AAPL. It may be our last chance to get AAPL at these prices.

Good hunting,

HerbVic
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