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


To: Phillip C. Lee who wrote (10571)3/31/1998 4:48:00 PM
From: Andon  Read Replies (3) | Respond to of 213176
 
That's a very "scientific" explanation Phil.
I'm glad to know that you're "on our team"!
To bad that those omnipotent money managers didn't see the great opportunity to load up on Apple today. Seems like they didn't see AAPL as a window-dressing candidate. Maybe they are omniscient too and they know that it's GOING INTO THE TANK!

I'm going down.
Down down down down down!

Ump pah shuka!

VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV
George,

I believe nobody can control the prices, however, for a short term
period, I think the money managers may be able to stabilize within
a range, like it occurred today. I am just suspicious about that
interesting scenario.

The "window dressing" is a technique money managers usually perform
near the end of the quarter. They buy good performance stocks and
drop bad ones. So, when the fund presents to clients, it looks
better. It seems Apple's not very active today.

Phil



To: Phillip C. Lee who wrote (10571)3/31/1998 4:50:00 PM
From: I Am John Galt  Respond to of 213176
 
Hello, all.

I must say that I am probably the most fanatical Apple fan any of you will ever meet. I've been on Macintoshes ever since I can remember, starting at age 6 or 7 and working from there(my family owned an original Macintosh). I have also owned this stock at some good points. I bought Apple first around 16.25, and when Prince What'shisname came and bought 5%, I sold for around 20. Then it dipped to the 13-14 range, bought in, and two weeks later, in comes Gates to bring us to 30. I sold at 29.

When I saw it back at 14, I couldn't resist. Even with the new Power Macintosh G3s, people would still count Apple out. We used to argue about it over at the Borland thread as to how bad Apple really was. I'll tell you tho. There are around 50,000 die hard Apple fans with money. If the company had to cut costs to the point of only being able to service these 50,000 people, Apple would still survive and stay strong.

And even with all the analysts pointing out a comeback for Apple in January, people still were ready to proclaim Apple dead.

I just got my girlfriend to buy a 20th anniversary Macintosh. Beautiful machine. I'm getting myself a G3 300 mhz computer this summer. My mother is buying 5 new G3's for her staff and my former school is buying 15 computers for their new computer lab.

That's 22 computers I can witness being purchased. Welcome to the Apple Revolution.

And the stock? Money in the bank when Jobs takes the CEO position.

Matty Gregg