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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: J R KARY who wrote (25281)	6/29/1999 4:36:00 PM
From: Mark Palmberg	Read Replies (1) \| Respond to of 213173

Somebody (the Street) sure is looking forward to the intro of the consumer portable.

To: J R KARY who wrote (25281)	6/29/1999 7:53:00 PM
From: Marc Newman	Read Replies (1) \| Respond to of 213173

Jim, I think you have all the candidates listed except for one--a final push from quarterly window-dressing. In fact, with today's gain AAPL was definitely a big winner this quarter. Cramer, today: Winners win. That's the way it always is on the second-to-last day of the quarter. I figured it would be a bit more muted because of all the Fed guessing, but the bond market's high spirits are giving the window dressers the high sign. I think after two market up days we are due for a down day tomorrow. We'll see if Apple has any carryover or not. This is one to accumulate for next month, to be sure. Your margin point is an interesting one. The strange thing is that the margin excesses have already been curbed in the internet stocks in a big way. I think all major brokers now restrict it on the most volatile issues. It was last year that Greenspan made a comment that he thought margin pct. was not really in the Fed's historic mission, even though it has the authority to set the ratio. (Wow, I just typed ration instead. Must be all the margin I'm using on AAPL. I've been like a drowning man the past three sessions trying to sop up shares.) Marc