Apple Computer (AAPL): Analysis and Forecasting Message Board

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

AAPL 271.84

-0.4%

Dec 31 3:59 PM EST

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To: Essam Zaneldin who wrote (359)	7/31/1998 6:46:00 PM
From: RX4PROFIT	Read Replies (1) of 692

Essam: AAPL at one time danced to the beat of it's own rhythm, but recently has been following the lead of the Nasdaq swing. AAPL on it's own merit in a neutral market would've been at $40.00 by now, but the present market is extremely volatile. IMHO, we're headed for a major market correction and an 8000 DOW is where we might land -- possible before September. I'm betting on it converting my portfolio to 89% cash and looking forward to buying additional AAPL again once I feel the market has stabilized. AAPL, IMHO, will have a very profitable upcoming Q4 and Q1 and I want to be reinvested before earnings announcement. Good luck investing... ================================= <What is going on today? The NASDAQ declined more than 45 points and AAPL -2 points. This reflects the weakness of the stock. I have also noticed that AAPL always gives what it gains immediately.>

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