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

To: Sam Scrutchins who wrote (10307)	3/27/1998 9:44:00 PM
From: EPS	Read Replies (1) \| Respond to of 213177

Hi to all, I am new to this thread. I have recently joined SI, and, since I have a small position in AAPL, I'm planning to participate.. I am very interested in your (The Board's) short predictions about AAPLs price direction. I had some correspondence with Leonardo who thinks that earnings this quarter are going to be very strong and now I see predictions of a possible run up to 30 before April 15. What are your projections for what will happen after April 15? For example I have in mind the April expiration dates. I am also curious about 'all the positive news' coming out in the next couple of weeks. Thanks for your responses. Sorry if I ask questions that have already been discussed before. I enjoyed reading recent messages in the thread. Regards Victor

To: Sam Scrutchins who wrote (10307)	3/27/1998 9:50:00 PM
From: Phillip C. Lee	Read Replies (1) \| Respond to of 213177

Sam, Well, I pick $30 based on: (1) It was $29.75 for the yearly high in last August's Boston MacWorld, which certainly the resistance level; (2) It is a big striking price if you look at January 30 '99 option with a huge number of contracts; (3) It's reasonable 10% up range if you summarize other stocks movement before quarter report, Adobe is an obvious example. It ran up about 10% before yesterday's report; (4) From Apple's recent price data, it's obvious 10% up or down is a reasonable range within 1-2 week timeframe. Phil