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

To: Richard J. Byrd who wrote (8158)	2/3/1998 9:36:00 AM
From: Phillip C. Lee	Read Replies (1) \| Respond to of 213173

Dick, From MacNN (http://www.macnn.com), the reason for yesterday's sliding Apple price was due to the sales by ex-Power CEO, Dr. Kohng, probably along with his subordinates' shares. I think Apple needs to absorb those shares from market sooner or later if Apple wouldn't propose to buy them. It has been at least several days after 1/26 that the stock prices have showed the weakness, probably due to diluted stocks from Power released to the market. If they have 3.3 million shares, I think they already sold most of their holdings. I woundn't be convinced by "bonds converted to stocks" speculation. Phil

To: Richard J. Byrd who wrote (8158)	2/3/1998 9:47:00 AM
From: Eric Yang	Respond to of 213173

Richard, I think your investment strategy is over simplified. There is a reason why AAPL went lower on a +200 day. Maybe its because of some bad news that haven't been dug up (that would be bad) or perhaps PowerComputing was selling a lot of shares (no big deal just more profit for the rest of us)...But the fact of the matter is there IS a reason and most of us want to know what it is. But as far as you're concerned, you just pick a stock that bucks the trend on a given day and call it a winner or a loser. Sure it doesn't require too many brain cells to do that. And maybe that's what appeals to you but most of us prefer to....invest differently.