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

To: Russ who wrote (25504)	7/15/1999 10:54:00 AM
From: MeDroogies	Respond to of 213186

Or they persist because some people aren't convinced that there is a pattern and avoid playing it from time to time because "it can't repeat again". I agree, it's bizarre that AAPL falls after earnings. I think it's a bit of "sell on the news", coupled with the belief that AAPL has "had its run". Neither of which I believe, BTW. AAPL is firmly positioned for more growth - otherwise, why do the buyback?

To: Russ who wrote (25504)	7/15/1999 10:57:00 AM
From: Dr. Id	Read Replies (2) \| Respond to of 213186

I've seen this pattern too many times with AAPL also. Intel doesn't meet estimates, the stock goes up. AAPL beats them soundly, the stock falls on the news. It's frustrating. Until now...finally, I made a move to profit on it. I sold July 55's last week. Yesterday, I was afraid that the pattern would be broken (and since I sold those calls, that I was responsible!); I wake up today to see that its the same old story. Looks like I may be able to hold my stock for a while longer... Jeff