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


To: earlyj who wrote (10066)3/26/1998 10:15:00 AM
From: Andon  Read Replies (2) | Respond to of 213174
 
Well the next stop is $20, so if you're up 90% I suggest you take profits. There is something like 60 Mil. shares of overhead at $28
from the 3-day frenzy last August. I would bet that most of those people who bought at $28 back then just want to get the hell out.
That's why the current rally ran out of steam. It met a wall of selling - nothing to do with the suit.

I think a person would be foolish not to buy Compaq and AMD at these levels. Both will see >50% appreciation from here within 12 months.