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Technology Stocks : Apple Inc.
AAPL 283.32+1.6%Dec 1 3:59 PM EST

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To: RX4PROFIT who wrote (9165)3/6/1998 5:59:00 PM
From: Mark Palmberg  Read Replies (3) of 213173
 
...the merger rumor might add additional strength to push AAPL to $25 plus range next week?

Um, how in the world could AAPL merger news, unless it was MSFT, INTC or LU doing the merging, be positive for this stock right now? I would think that the company would have to post at *least* three consecutive profitable quarters before investors (that's investors, not traders) were comfortable with such a move.

I don't like the sound of it one bit. Unless Jobs can convince me that such a merger is part of a coherent, sensible (and, heaven forbid, PROFITABLE) strategy, it's a red herring.

Apple seems to be doing pretty well all by itself this past week.

Have a great weekend.

Mark
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