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


To: Gary Ku who wrote (7464)1/8/1998 10:06:00 AM
From: Marc Newman  Read Replies (2) | Respond to of 213173
 
I tell you, that Mac OS Rumors story has made me sick. The guy who runs Rumors really doesn't understand the market (from earlier comments) so one does wonder if he's being played here. But what makes the rumor seem plausible is that A) there was that extra charge last quarter that seemed so out of place that some of us immediately wondered if they'd reverse it this quarter and B) still hard to believe they got the profit they did from the revenues they did.

Anyway, I'm up early again, against my will. Sold just about everything at 17 3/8 at just over a two-point loss. Not the worst loss I've taken in the last 52 weeks but the most surprising.

Bought back most at seventeen. Almost every trade the last couple hundred thousand shares has been a 2000-10,000 share buy.

Marc