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Technology Stocks : Apple Inc.

AAPL 273.67

+0.5%

Dec 19 9:30 AM EST

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To: RX4PROFIT who wrote (12196)	4/25/1998 5:03:00 PM
From: Phillip C. Lee	Read Replies (3) of 213177

<<I'm reviewing 'Second Opinion' for April 27 and AAPL is looking bullish with a recommendation "STOCK IS A STRONG BUY; STOCK IS OVERSOLD; GOOD ENTRY POINT". Bollinger Bands are tightening (23), and Stochastic Indicators Slow @ 19%k and Fast @ 32%k signaling short term positive and a good entry point for AAPL. Resistance @ 29.24. The TA suggests we'll see improvements in trade volume next week along with steady incremental gains in lieu of any major news. >> Dennis, Thanks for the positive info. I pretty trust "second opinion's" technical analyses regarding stock's short/long term performance. Remember it suggested Apple a STRONG BUY last month, and the stock really jumped from low $20's to $26's in one week. I am not sure if it will repeats the similar pattern, but to move up a copule of points seems reasonable next week since it hasn't boosted up much for Q2's results. Maybe it's time for analysts to adjust Apple's appropriate price now. Phil

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