Apple Inc. Message Board

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Technology Stocks : Apple Inc.

AAPL 269.33

+0.3%

3:14 PM EST

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To: Robert Smith who wrote (17386)	8/28/1998 3:16:00 PM
From: X-Ray Man	Read Replies (2) of 213172

Unfortunately, there appears to be no support for AAPL in this market, even though other techs have come off of their lows early in the day today. Perhaps this tells us something about who is investing in AAPL of late? It tells us that the fall in market is NOT really tied to realization that stocks are overvalued. Otherwise, AAPL would have more legs than, say, YHOO or MSFT or others. I suspect buyers are looking for the most commonly considered safe bets of late, which would explain why popular momentum stocks like YHOO show less of a percentage loss than AAPL. Others have thought on this? May average down again if AAPL approaches 32-33.

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