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


To: Linda Kaplan who wrote (9908)3/23/1998 5:57:00 PM
From: Phillip C. Lee  Read Replies (4) | Respond to of 213176
 
Linda,

Today's stock performance is beautiful and as anticipated. It went
down in the morning due to the extension of the option's expiration.
The money managers intentionally pushed the stock down to under $25 so
all the calls expired would get less returns.

In the afternoon, the stock naturally rebounded because most of March
options have been cleaned up and also they anticipated the big news of
new CEO to be discussed in the BOD meeting. I expect it is going to
be a great day tomorrow. The price will retest local peak at $27.25.
It probably closes around $28 depending on how the money managers
treat this big news.

On Wednesday, if Jobs takes the permanent CEO, then the stock would
be boosted to $30, otherwise, it probably retreats back to around $27
if no other news besides new CEO.

Well, do you know why BOD provided Jobs with such a good deal ($270m
worth of stock)? I think it is clear that BOD have known that Q2 results
are unbelievably outstanding and want to challenge shareholders to
give an approval for executives' HUGE shares AFTER Q2 reports. Geez, I
couldn't believe the trace of Q2 is so obvious and hence I would still
like to stick with my optimistic estimates. We'll see in less than
one month for the results.

Phil



To: Linda Kaplan who wrote (9908)3/23/1998 6:10:00 PM
From: Alomex  Read Replies (1) | Respond to of 213176
 
I think today Apple showed a lot of strength. It went as low as $24 and change, and then recovered nicely to over $26. I'm impressed....



To: Linda Kaplan who wrote (9908)3/23/1998 6:11:00 PM
From: J R KARY  Read Replies (1) | Respond to of 213176
 
How about 2 more CEO candidates ? ... want to pick the CEO ?

USA Today says the BOD has two CEO candidates in the wings to discuss with El Supremo if HE doesn't (hehehe) want it :

usatoday.com.

" If Jobs steps up to the job, some board members
will push for a strong operations executive as a No. 2.
The board also wants Jobs to commit to spend most of his time,
80% to 90%, on Apple business, observers say. "


Doesn't name the latest rumored candidates , maybe JC and could the 2nd be Borland's CEO a former AAPL VP of sales , but here's a chance to vote :

usatoday.com

Jim K.