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Technology Stocks : AAPL? How to trade/invest?
AAPL 271.29+0.6%9:53 AM EDT

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To: xu, b. who wrote (83)5/1/1996 11:14:00 PM
From: guy leung   of 162
 
There are always periods of noninterest in stocks as we are seeing
now in AAPL and you are right AAPL has gone through these
periods before and has sometimes gone down once it has decided
on a direction. But I do not believe those previous lulls were
preceded by such bearishness as we have seen recently. Also this
this lack of interest is not my only reason for my bullishness, but it is
a definite must if we are building a bottom.
After AAPL annouced they were not for sale and that their earnings were
going to be terrible, it was questioned on the front page of a SF
paper whether AAPL was going to survive. The other times I have
seen this was when the money center bank were on the verge of
collapse and when Chrysler was threatening to going bankrupt.
Even when IBM was going down I didn't feel the extreme bearishness
as we had in AAPL. There was a question of how IBM would
survive but not a question whether it would survive.
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