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


To: rhet0ric who wrote (11726)4/18/1998 7:59:00 AM
From: devil ray  Read Replies (3) | Respond to of 213177
 
**** Warning to Apple sharehlders*****
I don't think this stock is affected by market makers manipulation. On the Ascend thread everybody was talking about it all week. They said the mm's were keeping asnd at or below 40. Then on friday it closed over 42, so I think that theory should be tossed out the window. The simple reason it went down yesterday was that more shares were being sold than were being bought.Remember revenue was down. Maybe that's why the stocks down. I think Apple should use the profits from the last 2 qts. to pay for their funeral expenses. Apple is a dying company that is making a few last gasps and will probably bite the dust in the next few years. I have never even seen an Apple computer in the corporate world. I still think the stock will be up short term so I bought some july30 calls. Hopefully I can use the profit for a nice new DELL computer. Remember this is no IBM. There are more cockroaches that loom around the corner and termites are eating away that are not yet seen. Sooner or later the house will collapse.