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

To: Panos Nikoulis who wrote (12565)	5/4/1998 8:56:00 AM
From: Linda Kaplan	Read Replies (2) \| Respond to of 213177

Thanks, Panos! Nice to hear from you again. I just heard the report from Maria Bartiroma on CNBC. Bear Stearns' upgrade to a BUY rating with lots of nice things said about Apple being undervalued, having great new products, great earnings potential. But she didn't give the figures I wanted, that you just posted: the price target. Rather low price target of 40-45, for 1999, don't you think? :-) Nice gap up for us short term options holders. Happy! Bid at 29-5/8 at 1/2 hour before the opening bell... I think we might get our breakout to the upside. Linda

To: Panos Nikoulis who wrote (12565)	5/4/1998 9:01:00 AM
From: Don Green	Respond to of 213177

The Chess game continues It appears the Apple will get that strong gap-up that i talked about on Friday. This puts us up very close to the 29.75 barrier of shorts. With the upgrade of Apple by Bear Stears this should put real pressure of short covering. All those short from 28 to 29 5/8 are out of the moving and running for cover. This short covering buy should be enough to put us over 29.75 and on the way to $30... Then there will be more short covering. CHECK! (Not yet Checkmate.). Don