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

To: Eric Yang who wrote (7482)	1/8/1998 3:50:00 PM
From: David Semoreson	Respond to of 213173

Looks like another block sale, this time 600,000 ! Showed suprising weakness just after but is now coming back. I'm still hoping for a great financial number next wed. to get my jan 20's in-the-money!

To: Eric Yang who wrote (7482)	1/8/1998 10:38:00 PM
From: Mr. Miller	Read Replies (1) \| Respond to of 213173

All hail the mighty Eric! That's great information. Thanks. I noticed the block trades myself and asked my financial advisor about it. Her response was what I would expect: It is probably institutions that currently follow the stock.(Follow me here) Typically, one does not upgrade, then buy, but buy and then upgrade. Once upgrade is made, it tends to boost a stock's price. She said CS probably bought a nice chunk of the 6th's move up, and then announced their upgrade the day after. They're sitting on nice profits, if they haven't taken some over the past two day's drops. I would not be suprised to see someone upgrade tomorrow. Surely, AAPL share in the market must have climbed a couple more % points with the sales of the G3. It continues to be a nice turning around story. Perhaps we'll see high 20's this quarter, and much more with continued success along the comeback trail. Miller