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Technology Stocks : Apple Inc.
AAPL 271.38-0.3%2:33 PM EST

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To: rhet0ric who wrote (10954)4/7/1998 9:04:00 PM
From: eric siegel  Read Replies (3) of 213177
 
You might have to wait.While Apple is still a good short,there are better.The bubble is about to burst.Care to go double or nothing that Apple misses its quarter?Massive put buying yesterday was a precursor to Apple's imminent woes.I'm not gloating as Aapl still has to print 24 5/8 before it really tanks.Since I'm not an Apple bull,I have little credibility here,however my aim was to save you bulls a little pain.If you don't want to take short term capital gains on your beloved Apple,at least lock in some profits by writing calls while there is still premium to be had,albeit diminishing.Pretty one sided discourse these days, who really cares how many Apple computers are on the shelf at your local store?
Eric
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