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Technology Stocks : Apple Inc.

AAPL 277.96

-0.3%

3:59 PM EST

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To: Richard Habib who wrote (21323)	12/21/1998 2:14:00 PM
From: HerbVic	Read Replies (2) of 213173

Hey Rich, How was Angola? The tech part of today's rally is Intel based. GTW did Ok at the open, but got hammered down. The rest of the rally is a most favored issues rally. Apple is still stuck in the morass of no immediate news, a large short interest and fears of inventory over allocations. OR, the market sees AAPL as already up from 32 and likely to fade or stay put for a few days. On the bright side: it seems to have found support at 34 1/4. On the dim side: once the witching effect is over we may head down. I bailed this morning at 35 3/8. Will buy back in this week, hopefully at around 33. What ever it's at, on Thursday I'm back in. I'm not "everyman," but perhaps I represent that group of AAPL followers who are aware of the potential here in the first half of January as well as AAPL's normally drunken action on no news. HerbVic

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