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Technology Stocks : Apple Inc.
AAPL 270.82-1.0%3:59 PM EST

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To: Scott Crumley who wrote (12713)5/5/1998 5:50:00 PM
From: J R KARY  Read Replies (2) of 213177
 
Scott doesn't the NASDQ count buy/sell as two shares ?

The figures may not be so bad. AAPL "ran out" a lot of buyers (widows/orphans) from T-Giving to year-end by holding all good news and assaulting the SEC-EDGARDS with dismal reports during tax selling season .

My guess is the Jan/Feb buyers are long haul "insider" types whereas the August buyers were hopeful of a MSFT take-over and have moved on .

The Bondholders are a concern , as they are close to conversion , but they get 6% each quarter END and if Jobs hits a homer 5/6 and the WEEK of 5/11 they will go back to clipping coupons .

Incidently please look for a used copy of GA's book , no need to add further to his royalties :>)

Regards,
Jim K.
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