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


To: Phillip C. Lee who wrote (10010)3/24/1998 11:27:00 PM
From: setzkell  Respond to of 213173
 
HI Phil,

I like your prediction for 28 today. To bad I din't track it more closely
I bailed out at 26 13/16 , but thats OK. I will take these few points for now and sit on my 100 keeper shares for the moment

>I wouldn't be surprised if the stock is pulled back 3%-5% in the
coming weeks within any given day, but it should be swift and short.<

I agree that there is apretty good chance that there will be no announcements tommorow from
the BOD meeting. Expectations are to high. I anticipate a quick sell off in the AM if no news . Maybe a good buying opportunity.
I like earnings better . I'm bullish
more in the .22/.25 range.

I also read your comments regarding Compaq and the likes
This would seem to indicate that the retailers should do well ( despite sub$1000k boxes etc....) with floor traffic probaly up.
CompUsa looks interesting in this light especially with the Apple angle. Some of those higher Apple margins may take the heat
off the other low cost/margin boxes.

Just a few thoughts
regards, pjkelly