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Technology Stocks : Apple Inc.

AAPL 269.36

+0.4%

3:59 PM EST

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To: Sam Scrutchins who wrote (17390)	8/28/1998 3:48:00 PM
From: X-Ray Man	Read Replies (1) of 213172

Hmmm. Dow is of 1% today, MSFT is off 2% today, AAPL is off 10%. What is wrong with this picture? Strangely, AAPL calls have support significantly above their Black-Scholes valuation. Price drop is accompanied by drop in volume, as well, so I don't think I would call it panic selling.

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