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

To: Edward Boghosian who wrote (10692)	4/1/1998 8:10:00 PM
From: Phillip C. Lee	Read Replies (1) \| Respond to of 213176

Ed, It wouldn't be waiting until the end of '98, instead, the stock will fly after 4/15 if the revenue/net are beyond street's estimates, which I believe so. Besides, the stock was not over-bought if compared to the same group of companies. There are so many high tech companies, such as DEC, AMAT, Intel etc., whose stocks jumped about four times within one year, when their revenue/net started picking up significantly. Personally, I think Q2 is important to the stock. If it does well, then $35 is within a reaching distance. Be careful if you own short position. Based on these couple days' performance, there is a strong supported force which won't let the price fall. I don't know who aggressively accumulates the stock. Well, maybe ML as Greg mentioned this morning. Phil