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Technology Stocks : Apple Inc.

AAPL 270.93

-0.3%

10:28 AM EST

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To: Sam Scrutchins who wrote (10522)	3/31/1998 1:59:00 AM
From: Marc Newman	Read Replies (1) of 213176

Apple from 32 to 42 with no real resistance ... Since I was asked, I dug it up: From: RFI 11 Mar 98 Apple Computer (AAPL.O) Update: On Wednesday AAPL leapt up 2'1 to close at 26 1/8 on 11 million shares. The volume was almost as much as the 12 million shares that traded on "Vinik Day" when Fidelity dumped all of their Apple holdings, but this time the share price was headed in the other direction. That this is a healthy sign for the stock in the near term, if the momentum continues then it will get up to the 28 - 32 range and make the shorts extremely nervous as they know that above 32 there is no real resistance until it hits the 42 1/2 range. And, already the shorts are trying to talk the stock down.

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