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Technology Stocks : Apple Inc.

AAPL 285.57

+0.8%

11:24 AM EST

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To: HerbVic who wrote (22961)	2/2/1999 4:59:00 PM
From: soup	Read Replies (2) of 213173

To all: I don't like AAPL's price action either, but I've come to accept that, for the time being, it's going to be manipulated by Market Makers who have more to gain by screwing call option holders than they have to lose by selling down AAPL stock. (Where is DELL's Max-Pain point anyway?) Hence the sell off on low volumes and the weird [How can a company be accused of both product shortages and channel stuffing.] and arbitrarily timed analyst revisions. What's happening has little to do with the market and even less to do with the company. It's for this reason, that I urge those who don't absolutely know what they're doing* (and I do not count myself in that group) to stay away from short term plays. Don't just think different. Think longterm. [That said, I think anyone who has lost money on AAPL short-term options should file a written grievance with the SEC. My understanding is that while it's legal to talk/trade a stock up or down, you can't do it order to make profit on a corresponding option.]

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