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Technology Stocks : Apple Inc.
AAPL 271.86-1.0%Dec 17 3:59 PM EST

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To: Zen Dollar Round who wrote (12010)4/22/1998 4:12:00 PM
From: Zen Dollar Round  Read Replies (5) of 213176
 
I see that AAPL dropped dramatically in the last 20 minutes of trading today. It was only down 1/2 most of the day, then dropped another full point in the last 20 minutes to close at 27 1/2, down 1 1/2.

Any guesses as to why? Please, no "there were more sellers than buyers" responses, I already know that. Only thing I can figure is that people were disappointed by no major announcements at the shareholders meeting and/or no Steve Jobs announcement of permanent CEO status.

Looks like we may have to wait until the WWDC for some positive news and a rise above 30. I'm guessing we may go down as far as 25 or so before then, but I hope not.

Gad, Apple blows away estimates by 150% and this is all we get? Some things never cease to amaze....
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