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Technology Stocks : Apple Inc.

AAPL 255.11

-1.2%

12:49 PM EST

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To: Zen Dollar Round who wrote (15419)	7/14/1998 10:26:00 PM
From: Phillip C. Lee	Read Replies (1) of 213182

Roy, There should be no fear about Q3 report. Today's reaction was a typical less-confidant shakeout and profit-taking activities. It's clear that Q3's revenue will be way beyond Q2's and Q2 had $0.38 net, then the formula will be much easier to derive. Intel's quarterly report has let several analysts upgrade its rating. Tomorrow's Compaq will probably be as good as Intel's, then all tech stocks will surge like big board did today. Apple's in the hot seat now. It will make those who sold prior to the report feel regrettable. I don't expect there is much swing until the last trading hour tomorrow. Well, the show time will come to prove Apple's healthier than expected. Phil

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