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Technology Stocks : Apple Inc.

AAPL 248.53

+0.7%

3:40 PM EST

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To: Phillip C. Lee who wrote (18735)	9/30/1998 2:27:00 PM
From: Andrew Danielson	Read Replies (2) of 213182

Low volume = good! At the current rate, AAPL's volume today will come in lower than it has for several months. I think this is good. The low per-trade volume of 777 indicates no institutional selling (the kind that usually dominates big down days like this). No institutional buying either, but I don't think they're in the mood to buy much of anything today. . . As importantly, we didn't break below 38, a barrier that formed the lows of the last two days (38 1/8 yesterday, to be exact). Andrew

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