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Technology Stocks : Apple Inc.
AAPL 284.15-0.7%Dec 3 3:59 PM EST

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To: Phillip C. Lee who wrote (9142)3/6/1998 12:05:00 PM
From: HerbVic  Read Replies (1) of 213173
 
Thanks Phil,

I appreciate your input greatly. Your analysis is valuable to everyone.

Guess I was a little upset over making a bad call. Hey we can't all be perfect or be all perfect. Currently, I am in @ 24 and holding. Can't time the market anyway. Got too much to do.

To put things in perspective:
>We went from 13 to 20 in 3 days of trading in January. (missed out there. Too timid at taking profits in November; locked in @ 20)
>The earnings announcement January 15 had no effect up or down. we even saw declines to the high 17's by the end of that month.
>February gave us $5, a 28% gainer with no driving news. (18 to 23)
>Continued gains at this rate would put the stock at 29.5 by month's end; 33.6 by earnings report. The trend is still bullish, though an early mid to upper 20's plateau with an April rally would not be surprising. It is still 40 days until the earnings report either cements these gains or washes them out.

This month should be very interesting in terms of product news and pre-earnings chest thumping. Psychologically, the Microsoft and Intel news works to favor AAPL slightly. El Ni¤o is producing a mild winter with the potential of an early Spring and a plethora of sweet Apple blossoms.

My guess for tomorrow's close: I'm thinking that it will be hard to get and hold anything in the 25's this week. I would expect to test it Friday with a fall back to 24.5 before close.

But remember! I am a complete idiot, and have no earthly idea what I am talking about. My opinion is worth zilch.

Happy Apple blossom Spring!
HerbVic
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