Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: RX4PROFIT who wrote (10368)	3/28/1998 8:39:00 PM
From: Phillip C. Lee	Respond to of 213177

Dennis, Japanese capital injected into U.S. market after April 1st is a big plus for Apple's stock. However, we have no idea regarding how the big money will be invested and when will be really flown into the market. In order not to be disappointed later on, we better play a little conservative way so any big surge next week will provide us more credits in the future since we forcast Apple really has a bright outlook in the near future. From this week's disappointing Adobe and SGI quarter reports, the money managers didn't punish them at all. Even one security firm raised Adobe's rating. It ends up Adobe was up about $2 (if calculated from a day before report), and SGI was only decreased by 1/8. What happens? Well, it seems analysts already forgive all the bad earning reports since they are too many to remember. Apple's probably one of few computer stocks which has expected outstanding Q2, hence the price surge before 4/15 should be significantly big enough to shock all the shorts and investors who hesitate to invest it in time. Phil