Alomex,
Here's the stats for the 3 hot days at MacWorld Boston:
DATE CLOSING PRICE OPEN HIGH LOW VOLUME
----- ------------- ---- ---- --- ------
8/08/97 26 13/16 28 28 3/8 26 1/8 16,197,900
8/07/97 29 3/16 28 1/2 29 9/16 28 1/16 33,103,800
8/06/97 26 5/16 19 13/16 27 3/4 25 37,393,800
All 87,000,000 shares were above 25. At least 33,000,000 were between 28 and 29 1/16.
We have to remember that a lot of folks dumped at the end of the year
due to tax selling and the Asian crisis. A lot also probably bought
back in after January 1st. The weak hands among these folks may have
sold at the many dips we've seen this year, only to see the stock
surge back up. For all we know, the shake out could be over.
But, as you said, A LOT of folks went in to AAPL in the high 20's.
Scott |
