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Technology Stocks : Apple Inc.

AAPL 260.36

-0.7%

Jan 7 3:59 PM EST

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To: soup who wrote (16448)	8/11/1998 2:42:00 PM
From: Richard Habib	Read Replies (1) of 213181

Well, I'm out of my Jan 35 options. 250% return in a couple of months - not to bad. Guess I'm kind of morally obligated to buy an iMac now. Seriously I think we have a little more downside than upside at this point. The overall market has further weakness IMHO due to Asia and a wave of earnings pre-announcements I believe will hit the market in 3-4 weeks. Also we can assume a great deal of the good news is in the stock now while we have the potential for bad news based on supply constraints this qtr. I'll be looking for a pull back to buy Jan 2001 leaps. Rich

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