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Technology Stocks : Apple Inc.

AAPL 251.15

-1.7%

10:57 AM EST

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To: RX4PROFIT who wrote (18643)	9/29/1998 11:12:00 AM
From: Phillip C. Lee	Read Replies (1) of 213182

<<AAPL: Major Broker reconfirms the recommendation as Hold on 09/22/98 >> Major analysts keeping their ratings as "hold" are of conservative approach, which may provide AAPL future boost when the time arrives. Most of indicators have demonstrated Apple's strong sales in its three major products in Q4 and hence analysts will take an action in any time soon. I think they are just looking for an appropriate opportunity to step in. As the Q4 reports are getting closer, the probability that institutions are involved in buying more AAPL shares will increase significantly and momentum will surge. We need to be patient to wait that moment arrives. Phil

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