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

To: HerbVic who wrote (9135)	3/5/1998 4:15:00 PM
From: J R KARY	Respond to of 213173

Herb there was a slew of 50K trades in a up day yesterday Like you said it may have been a fund liquidating INTC and placing it into AAPL Blossoms for the Spring . Like Fidelity's positioning in a recovering IBM at pre-split $55 , but no coincidence of course that Fidelity is/was a big holder of INTC . On AAPL's price , can't help but wonder if the yet to be filed $23/shr insider's proxy isn't a tempering factor holding back a run up. Might be worth it to regularly check EDAGAR . Once its filed we might see a jump as there are a string of media events coming this month . Jim K.

To: HerbVic who wrote (9135)	3/5/1998 8:27:00 PM
From: Phillip C. Lee	Read Replies (1) \| Respond to of 213173

HerbVic, There are two consecutive days in 24's with volume of over 6m each day, which is a rare phemonenon and a significantly strong signal of continuous rally. Can we break 24's and enter 25's tomorrow? It depends on tomorrow's job numbers and unemployment rate as well as overall tech market's reaction to Motorola's disappointed warning. It's another day of consolidation for Apple's stock today, which shaked out weak holders and injected new buyers. Based on the recent stock prices record, there are 50/25 that Apple will either stay in 24's or break into 25's if the volume is high enough (e.g. >4m). If we look from the volume alone, there has been about 12m or so traded in 24's, which has enough momentum to boost another high. However, the continuing bad news from seni-conductors companies causes Apple to halt in 24's for a period of longer-than-expected time. My guess in tomorrow's close price is: 50% in 24's, 25% in 25's and 25% in 23's. Phil