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


To: eric siegel who wrote (10226)3/26/1998 9:45:00 PM
From: Alomex  Read Replies (1) | Respond to of 213177
 
The smart money is looking to bail here.Major players took positions at 13.00-15.00.

The smart money already bailed out of this one. Have a look at the chart: it has consistentily traded over 3 million shares daily for the last month.

Technically this stock has hit a wall at 28.00

I agree.

next stop 22.50.

Well, $22 is the level of support. However I expect Apple to move on the news (or lack thereof) for the next few days. That is, no CEO, we go to $22. Jobs is CEO we hold steady at $26 with a small short lived rally to $28. If somebody else is named CEO o.g.k.



To: eric siegel who wrote (10226)3/26/1998 10:16:00 PM
From: Phillip C. Lee  Read Replies (2) | Respond to of 213177
 
What an amazing phenomenon. Those shorts are all coming out and
temporarily forget the fundamentals and the stock trend. Well, It is
granted since you guys are really depressed for quite a long time.

However, be careful about the move because the fundamentals are still
there. Jobs is still the best candidate for CEO, still acts as an
interim without pay and can announce to accept the CEO job at any
moment. The excellent Q2 prediction should never be forgetable when
you short the stock while the date (4/15) is getting closer.

Good luck.

Phil



To: eric siegel who wrote (10226)3/27/1998 2:27:00 PM
From: Andon  Read Replies (2) | Respond to of 213177
 
You mean someone else is awake here? I thought that everyone here was stuck in the late eighties!

Whenever it breaks $20 on the way down, I'm gonna have a party!
YeeeHAAAA!