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

To: Linda Kaplan who wrote (9634)	3/17/1998 8:48:00 PM
From: Phillip C. Lee	Read Replies (2) \| Respond to of 213176

Linda, It is not a good day for teck stocks. Almost every one is down, probably except Sun Micro. Compaq got a hit, Dell was down, IBM, HP, Microsoft, Oracle all went south. Apple was off 11/32, which I think is pretty stable compared to others. Jobs didn't bring up any news that could impact the stock significantly. The price only corrected by small percentage is pretty sustainable at this level. The volume is about on average. The current lowest level (short-term) will be around 25 15/16 set by today. The short-term trend is still slightly bearish, however it seems to break out that trend in the last 30 minutes (if you look at 1-minute chart created by quote.com.) There was another network company's warning after-hours today, but the late rally in DOJ will carry into tomorrow's early trading, which probably will bring along teck stocks recovery from today's loss. I think Apple will re-gain back recent less-than-1-point loss and re-test another high in months, if the volume returns back to 4+m. Overall, Apple looks never better than now, it seems everything is on the right track. All we have to do is waiting for the arrival of Q2 report on 4/15 and shareholders meeting on 4/22. By the end of March, I am looking forward to reading shorts outstanding percentage report to see where it stands under recent rally. Phil

To: Linda Kaplan who wrote (9634)	3/18/1998 12:31:00 AM
From: van wang	Read Replies (3) \| Respond to of 213176

Linda...I am in near the end of Jobs speech...1/2 my load...will short if AAPL goes to 29-30...I may even short more at that level...Apple fans may not exactly see the glut of inventory in the wintel arena...its real and its alot...there will be alot of promotions...the people buying Apple IMO are the Apple users... I dont think most people are going to pay a huge mark up for apple products in the business corporate arena let alone the consumer end btw tommorrow will be another letdown day in tech...Bay preannounced shortfall also JBIL, maker of sub assemblies for PC manufacturers cautioned about business prospects in the near future...obviously positive in the long term