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


To: Linda Kaplan who wrote (11427)4/15/1998 9:40:00 PM
From: Zen Dollar Round  Respond to of 213176
 
My take is that the stock will go up over several days from now on. Remember how it
went up after the keynote speech? It went up to over 26 on the day of the speech but
a few days later, reached 30.


I completely agree. AAPL may not open significantly higher tomorrow, or even have a multi-point gain by the end of the day, but I think after April's options expire we'll see several solid moves into the low 30s. The shorts will get squeezed and we'll find good permanent support over 30.

The news only looks better from here on out. The new PowerBook G3's will be released soon, the WWDC in May hold great promise for even better Apple announcements, and the educational buying season will kick into gear mid-summer with those great All-In-One machines.



To: Linda Kaplan who wrote (11427)4/15/1998 10:15:00 PM
From: Randy Tidd  Read Replies (1) | Respond to of 213176
 
> Nice, What did you do at NeXT?

"Premium developer support", and a little bit of engineering work.

> Remember how it went up after the keynote speech?

I hate to sound like a putz, but I also remember how the stock failed to move at the conference late last year. I bought call options beforehand expecing a short-term blip but got nothing.

They have WWDC coming up in May, and I am not sure if they are planning on making the kinds of announcements that will move the stock or not. They may be great for us software geeks, but maybe not for the Wall St. types.

> I'm optimistic about the stock's action for several days
> from here out.

Speaking of time being precious, I stopped following the daily movements of stocks a while back -- I spent more money in Maalox than I made in the market. Now I have a 6-18 month time frame. I'm very happy with Apple's 6-12 month picture at this point, and that's good enough for me :-).

Randy