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Technology Stocks : Apple Inc.
AAPL 271.86-1.0%3:59 PM EST
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To: Pravin Kamdar who wrote (17139)8/22/1998 6:19:00 PM
From: soup  Read Replies (5) of 213176
 
Reason for Friday's Runup.

My best guesses are:

1) Belated -- but substantial -- by short-covering by a single -- but substantial -- entity.

2) Major purchasing by a wire house prior to a publicly announced upgrade. Merrill Lynch I bet.

If we don't hear news of the latter soon, I'd expect it's the former. Nobody that screwed up so bad would want it known.
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