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

To: yofal who wrote (10282)	3/27/1998 8:06:00 PM
From: Linda Kaplan	Read Replies (1) \| Respond to of 213177

A bit of SI history: Everyone has been distinguishing here between the free-month memberships and the paying memberships but all memberships to SI had been free till fairly recently. A year or two ago they first instituted a fee for new members. It was $75. Then, they raised it. I think that people will participate in their own way whether they are paying or not. I'm glad you decided to stick around, though. Adobe should be more grateful to Apple. Where would Adobe be now without Apple? Linda

To: yofal who wrote (10282)	3/27/1998 8:18:00 PM
From: Phillip C. Lee	Read Replies (2) \| Respond to of 213177

Marc, Welcome to the board. Apple didn't get any impact from Adobe's bad quarter and its intention. Gosh, It was scary this morning, but after seeing the steady price in the first five minutes, I felt relaxed. Today's strong trend indicates the continuing bullish on the stock will be carried over to the next week. The short-term bottom has been established around $26.5 and the resistance point has been shifted to $28. Hence, there is a high probability that the stock will challenge $28 as early as the coming Tuesday or Wednesday if it could break $27.25 Monday, which should have little barrier. I expect the big guys will step in before the end of March, therefore, there are buying opportunities on this stock next Monday and Tuesday. After that, I wouldn't imagine how much more you have to pay to get the same amount of the stock. It is anticipated that the price will run up to near $30 before 4/15. Of course, there still exists volatility anyday next week especially on next Tuesday due to Fed's meeting on interest rate issue. The money continues to pull into the stock market from everywhere. It accounts for $6b just last week alone. The sources to inject into this stock are plentiful. I think the price will start to accelerate next week, then stay within a narrow range after that until near 4/15. I observe that phenomenon based on its past patterns. Have a good weekend. Phil