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Technology Stocks : Apple Inc.
AAPL 255.53-1.0%Jan 16 9:30 AM EST
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To: Linda Kaplan who wrote (13737)5/18/1998 12:32:00 PM
From: Phillip C. Lee  Read Replies (2) of 213182
 
<<Apple is still drifting a bit, which Phil attributes to
options exiration occurring through till this afternoon. So I'm
thinking it might be a good time to consider some more Apple
calls.>>

Linda,

It's indeed a good timing to buy July 30 calls now. As expected,
this morning's downwards allow MM's to pay less for May's 27.5 calls
leftover. I am not sure if the stock will rebounce this afternoon,
but July calls will pass over MacWorld as well as Q3 reports.

Dell's an ideal stock for momentum investors particularly at the
moment of prior quarter report. It's likely to have excellent report
and boost up another 3-5 bucks, hence leave it alone since most of
current buyers are momentum investors who could make the stock
incredibly high.

Phil
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