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Technology Stocks : Apple Inc.
AAPL 273.67+0.6%3:59 PM EST

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To: Linda Kaplan who wrote (11593)4/17/1998 10:54:00 AM
From: HerbVic  Read Replies (1) of 213177
 
Re: "sell on the news" action, ..."

I disagree to some extent. I believe there is churning going on to suppress the run up due to the high level of 27.5 and 30 call options. The excessive churning is resulting in higher than usual volume.

After the options expiration, the market will operate more efficiently and we'll see AAPL appreciate in a consistent manner with the earnings news.

Happy AAPL BS!
HerbVic
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