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Technology Stocks : Apple Inc.

AAPL 274.65

+1.9%

2:08 PM EST

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To: David Kuspa who wrote (376)	10/17/1996 11:39:00 AM
From: John M. Hammer	of 213185

It's nice to see aapl up today, but I certainly expected it to go higher. The earnings announcement was HUGE, beating analysts' concensus by $0.50 and earning a decent profit when a large loss was expected. Even without the "one time gain" there would still have been a profit, albeit a very small one. I've seen aapl up more than 1 1/2 on basically no news in the past. Seeing a move of only about 1 1/2 today on this great news, even with the relatively huge volume happening, is pretty disappointing. John

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