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: borb who wrote (11110)	4/13/1998 1:29:00 PM
From: X-Ray Man	Respond to of 213173

I suspect the $25 level represents what the street will value AAPL at to close out options this week provided it meets analysts estimates. I suspected bump up Thursday was end-of-week buying prior to earnings week. Unless additional news leaks or rumors widely, probably not much movement until earnings announcement. If beats by a good margin, will do well ($27-$30), but if doesn't make estimates or if makes but shows significant revenue and box number decline, I suspect quick drop to $22.5 to close options. Just a wild guess ;-)

To: borb who wrote (11110)	4/13/1998 1:45:00 PM
From: Phillip C. Lee	Read Replies (2) \| Respond to of 213173

Apple down over 10% from recent high of $28. Is it a good time to buy now or shall we wait until the 2Q result in a few days? My judgement tells me the price will get boosted as the Q2 reports are released. But, there is no guarantee. If the revenue/net are close to what I expect, the price will be over $30 on Thursday. I wouldn't suggest you to get into the market if you are a short-term investor because the stock will be volatile for the rest of the week due to Q2 reports. Phil