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Technology Stocks : Apple Inc.

AAPL 273.81

+0.5%

9:30 AM EST

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To: Alomex who wrote (12715)	5/5/1998 7:22:00 PM
From: Sam Scrutchins	Read Replies (3) of 213177

I'd say it's going to take millions of shares per $0.25 uptick per share, just like today, up and until shorts chicken out and cover.. Alomex, From your perspective, would you consider it plausible to see a gap on the opening tomorrow as the shorts panic and cover? Everyone has looked for months at this level as a psychological barrier. Given that it was broken today, and given that not all investors follow the market from minute to minute as some of us do, it seems reasonable to me that at least some shorts, and longs as well, will buy early tomorrow in anticipation of a runup. Steve may ultimately help or hinder this, but I would expect a lot of investors will buy based on the breakout. What do you think? Sam

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