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Technology Stocks : Apple Inc.

AAPL 270.81

-0.4%

3:53 PM EST

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To: RX4PROFIT who wrote (13540)	5/12/1998 10:03:00 PM
From: Phillip C. Lee	Read Replies (3) of 213177

<<TA '5/13' from Second Opinion "AAPL IS A STRONG BUY">> Dennis, I believe the Second Opinion's accuracy. Their technical analyses provide us more supportive direction. Given today's final hour's rally, the upward trend seems to be continuing at least for tomorrow morning. I think Apple will climb back to $31 pretty soon. Today's a typical profit-taking and there is a strong support at $30. The options to expire make the situation more complicated. Microsoft's anti-trust case on Thursday will impact the entire tech stocks as a whole. I am optimistic on Microsoft's case which indirectly benefits to Apple's stock in the short term. Phil

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