Apple Computer (AAPL): Analysis and Forecasting Message Board

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Technology Stocks : Apple Computer (AAPL): Analysis and Forecasting

AAPL 255.53

-1.0%

Jan 16 9:30 AM EST

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To: Marc Newman who wrote (239)	7/10/1998 7:42:00 PM
From: HerbVic	Read Replies (1) of 692

Marc, The stock is suffering right now from thin air as it has climbed into the 32s from the 26s in around 20 days. That's roughly a 23% climb. Not Bad! I'm afraid that the irrational exuberance of Wednesday and Thursday morning has fizzled. It appears that the mood is less melodramatic, and as a consequence, more predictable. If the current rate of increase in investor interest continues at the same pace, we should be breaking 33 in the am of Wednesday. A rational bottom has been established at the $31-$31.50 range. If the earnings is no great surprise, expect it to be tested again shortly after the announcement. Don't expect increased volatility unless there are more news breaks. That's how it looks to this country boy. HerbVic

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