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


To: Eric Yang who wrote (7141)1/2/1998 11:29:00 PM
From: Marc Newman  Read Replies (1) | Respond to of 213173
 
Eric, you're right. Today's move surprised me. It makes sense for a variety of reasons, of course. Funny you should say $17 1/4 because I was just advising a guy who's short Apple to set a stop at $17 1/4 from this point.

I was only hoping for $15 or so by the end of next week, but as you all know I'm bullish about the quarterly earnings and see a small profit. At that point I thought we would get to about $20 but now I'm ready to admit I may be wrong.

Anyway, we'll see what's up. Like last time, I'll be watching the stock price carefully during Job's address.

There are many shorts left who need to cover.

Marc