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Technology Stocks : Apple Inc.

AAPL 272.24

+0.5%

Dec 23 3:59 PM EST

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To: devil ray who wrote (12276)	4/28/1998 8:34:00 AM
From: Phillip C. Lee	Read Replies (1) of 213177

<<Almost all tech stocks opened up like that. It only take a few sellers with no buyers for a stock to dip sharply.>> It's true. But if percentage-wise is taken into account, Apple was intentionally depressed almost every morning. Those who hold a short position have unique opportunity when very few investors in the market, especially at the opening bell. << To a degree they did hold up quite well on low volume. It looks like investors think 27 or so is a fair price.>> It's not a low volume at 3.6m shares traded yesterday when considering percentage (2.5+%), where most of active stocks have a lot lower percentage than 2.5%. You'll see what will be a reasonable price this week. Phil

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