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Technology Stocks : Apple Inc.
AAPL 272.99-0.3%Dec 30 3:59 PM EST

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To: Marc Newman who wrote (17101)8/21/1998 4:40:00 PM
From: Richard Habib  Read Replies (3) of 213177
 
I'd think it more likely either some institutional buying or perhaps an upgrade coming that was put out for clients first. While nothing is certain the survey news together with the lack of negative news on iMac flaws pushed me to the optimistic side of the picture which view would make Apple undervalued, especially at 39. Everything could change next week with a little bad news or differing survey results but I'd be willing to bet some smart money shifted gears for the same reason I did. And the timing did seem to correspond to the general shift in the market when it apparently became obvious to many it was oversold for the day. Rich
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