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Technology Stocks : Apple Inc.
AAPL 272.55-0.1%Nov 14 9:30 AM EST
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To: Phillip C. Lee who wrote (17401)8/29/1998 2:27:00 PM
From: Jaidev Sharma  Read Replies (3) of 213173
 
It seems that now is a good time to get back in. I had taken some profits at 43 and expected AAPL to pull back to something like 37, but I guess that the market drop is responsible for the low stock price.

I believe Apple will rise back to about 37-39 in a hurry before it stablises. It should then start rising as speculation starts building about this quarter's results. I think it will cross 47 before this quarter's results are announced. I expect announcements about good sales in Japan and Europe to start coming in soon.

Jaidev.
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