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


To: Marc Newman who wrote (9117)3/5/1998 2:26:00 AM
From: Eric Yang  Read Replies (1) | Respond to of 213173
 
>>Eric, your first dip into options was a success, no? Can you give us a little blow by blow for those of us without options accounts. Price paid, spread at the time, the price of AAPL at the time, how quickly your order executed?<<

Marc, I bought some AAQDE April 25 on Monday at $1 then another order at $3/4. Both orders got executed within 20 minutes or so.

Since the April 25 are near the money it moves about $1/2 for every $1 change in AAPL. On Tuesday morning it dropped to $5/8.. I got a third order in but didn't get filled. When AAPL recovered yesterday it was back at $1. Placed an order to sell them at 1 3/4 around 10:41am PST and it got executed around 12:15. The spread was usually about 1/8 but sometimes as high as 3/16 I think. The $1 batch earned 75% and the $3/4 ones earned 133%.

AAQDE will probably open $1/2 lower if AAPL opens at 23 1/2.

Eric



To: Marc Newman who wrote (9117)3/5/1998 8:24:00 AM
From: Phillip C. Lee  Read Replies (1) | Respond to of 213173
 
Marc,

We'll see the Q2 result in less than two months. Did Apple have any
event, such as shareholders' meeting in October or any big event
requires Jobs appearance? Do you think Jobs needs to show up in the
shareholders' meeting?

Intc event will impact on teck stocks as a whole, some may hit harder
than others. Apple's snail ads more or less hit Intc pII sales, but
Intc current quarter's problems are:

(1) cannot catch up the volume of chips used in sub-1000 pc into
market;
(2) direct sales used by Dell, Gateway, etc. don't need many chips
in inventory;
(3) The market impacted most is in north America and Europe rather
than in Asia, which partially was impacted by snail ads;
(4) The slowest quarter for Intc from its historical revenue pattern.

Who may be affected by this shock in terms of revenue/net:

Most impact: Intc;
Moderate impact: Dell, Gateway, Compaq;
Little impact: IBM, Microsoft;
Hardly impact: Apple, Motorola, Sun Micro, SGI.

Phil




To: Marc Newman who wrote (9117)3/5/1998 10:40:00 AM
From: HerbVic  Read Replies (1) | Respond to of 213173
 
>>HerbVic--did you buy back in near the close on the failed attempt to hit $25?
<<

No, I waited to watch it go down this morning. I saw 23 1/8, punched in a market order, then watched it execute 10 minutes later at very near 24. Those Dell/Intel Bangers were hitting Datek hard this morning!

But now... I'm ready for Apple to take the market by storm.

Hold on AAPL investors. Today and the rest of the week could be out of the park, or a foul of first base.

Good luck Apple blossom special!

HerbVic