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Technology Stocks : Apple Inc.
AAPL 273.67+0.5%Dec 19 9:30 AM EST
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To: Phillip C. Lee who wrote (12199)4/25/1998 7:44:00 PM
From: devil ray  Read Replies (2) of 213177
 
From The Bear,
Many analysts like the one on CNBC say they would not touch aapl at these levels. Maybe that's why institutions have not been buying this last week. It seems only daytraders and small investors have touched this stock in the last week as the low volume shows. I see aapl stock slowly eroding before it's inevitable croaking. Revenues are just not there and that is what counts. Sure they fired a lot of people and cut costs but their revenue was down. If it continues to go down they are in major trouble.
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