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


To: Bill Jackson who wrote (6167)11/10/1997 4:27:00 PM
From: Jon Tara  Read Replies (2) | Respond to of 213173
 
You people are missing the point. You are looking for miracles, and you aren't going to get a miracle.

Wasn't there a suggestion of a return to profitability in the next quarter? Isn't that THE most important news that could have come out?

This market is crazy - people care about everything except what really matters - profits.

BTW, I note that there was no max exodos of large blocks in the slide from 21. There were NOT a large number of large blocks, and more of the big blocks during that time were at the offer than at the bid.

It's possible that the blocks bought last week were broken-up and sold into the slide, but I suspect that the big buyers just stood pat, while allowing the SOES traders to run it up and back down again. Most of the trades today were 1000 share trades, which would support that theory.

If the big guys had sold, this stock would be in REAL trouble right now!



To: Bill Jackson who wrote (6167)11/10/1997 4:49:00 PM
From: jeffjl  Read Replies (1) | Respond to of 213173
 
All the important things were left out.

Okay, totally conspiracy theory stuff, but...

say Steve Jobs got really irritated at all the leaks at Apple, and decided to teach everyone a lesson. How better to sabotage people's credibility than to purposefully "leak" information, build up anticipation like this and have it end up being (relatively) nothing?

I don't think it'd be out of the realm of possibility.

And furthermore, I still think there's a deal with Oracle going on. But I doubt before November options expiry...