Tomorrow will an interesting day for individual investors, money managers, as well as speculators due to Compaq's event. The previous Intel event causes a lot of money reallocation, then Motorola's, then another Compaq. The Compaq's event will directly impact DEC stock since it ties with Compaq's price. I believe some of money invested in DEC will be moved out to other stocks where they think is safer and more rewardable. Based on this expected scenario, could Apple take advantage of the situation or otherwise. Well, within a couple of hours after the opening bell tomorrow, I wouldn't expect Apple price will rise. However, after that, Apple will not only stabilize but also continue to surge in part due to the investment to Apple from Compaq, DEC, even from CSC after breaking talk with CA. Those high tech stock funds are always circulated around, and it is near a zero-sum game in a short period of timeframe.
Just my thought.
Phil |