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Technology Stocks : Apple Inc.

AAPL 278.28

+0.1%

Dec 12 9:30 AM EST

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To: Eric Yang who wrote (17193)	8/24/1998 9:20:00 PM
From: Phillip C. Lee	Read Replies (1) of 213176

<<AAPL has been so volatile in the last few sessions...It's wild..hehe. Currently at 40 1/2. I think the best thing to do is to buckle the seatbelt and settle in for the ride. The market will realize how nice Q4 is going to be in due time.>> The volatility will continue for the rest of the year on AAPL. The main reasons are: - AAPL has probably been identified as a hot stock by day traders who trade AAPL using Internet; The similarity of trading patterns and of volatility between AAPL and DELL/YHOO are getting closer. - Generally speaking, AAPL is one of the best candidates for traders due to its upward trend and its highly potential upside movement in a short time frame. Any sudden drop such as today's will create opportunities for them to potentially win the battle in a rather short-term investment. - AAPL's Q4 will be so well that it provides safety net for investors as well as speculators. Well, I still don't encourage anybody to become day traders unless he/she is knowledgeable enough for the game. Phil

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