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

To: Sam Scrutchins who wrote (10552)3/31/1998 12:34:00 PM
From: Phillip C. Lee  Read Replies (2) | Respond to of 213176
 
Sam,

I feel the same that we need more volume in order to boost up the
price. Since today's is the final day of the Q1, '98, hence the
money managers are busy decorating their mutual funds windows from
big cap companies. Hopefully, it will be Apple's turn in the late
afternoon. Based on recent daily trend, Apple's usually boosted
in the final 30 minutes, and went down in the morning. It wasn't
down this morning which a good signal for late rally. I am expected
to see the price goes up to $28 today if the market keeps the same
strong pace as is now and if significant volume increases.

Phil



To: Sam Scrutchins who wrote (10552)3/31/1998 12:37:00 PM
From: Alomex  Read Replies (1) | Respond to of 213176
 
I'm not real happy with the lack of volume

Lack of volume? You're kidding me right?

Apple has seen a steady increase in the rolling trading volume, and if you exclude the August spike, Apple has been trading above average volumes for nearly all of 1998.


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