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To: Alomex who wrote (12687)5/5/1998 3:55:00 PM
From: Sam Scrutchins  Read Replies (1) | Respond to of 213177
 
29 13/16

We are through it!!!!

YES!!!!



To: Alomex who wrote (12687)5/5/1998 4:33:00 PM
From: HerbVic  Read Replies (2) | Respond to of 213177
 
Alomex, your reasoning seems to be 'all wet.'

Anyone who did not take their lumps and seek fortune elsewhere after all this time will most likely continue to hold in the face of rising expectations.

The resistance that everyone is seeing between 29 and 30 is mostly psychological due to the 52 week high and to the high percentage of short interest in AAPL. The short sellers have been using AAPL as their cash cow, and they will give it up reluctantly only after AAPL Blossom Bessie steps on their foot.

You have wasted a lot of time picking the nits of dissension during which you could have improved you portfolio considerably. There is still growing room. Buy AAPL now.

Your faithful advisor,
HerbVic



To: Alomex who wrote (12687)5/5/1998 5:20:00 PM
From: Scott Crumley  Read Replies (2) | Respond to of 213177
 
Alomex,

Here's the stats for the 3 hot days at MacWorld Boston:

DATE CLOSING PRICE OPEN HIGH LOW VOLUME
----- ------------- ---- ---- --- ------

8/08/97 26 13/16 28 28 3/8 26 1/8 16,197,900
8/07/97 29 3/16 28 1/2 29 9/16 28 1/16 33,103,800
8/06/97 26 5/16 19 13/16 27 3/4 25 37,393,800

All 87,000,000 shares were above 25. At least 33,000,000 were between 28 and 29 1/16.

We have to remember that a lot of folks dumped at the end of the year
due to tax selling and the Asian crisis. A lot also probably bought
back in after January 1st. The weak hands among these folks may have
sold at the many dips we've seen this year, only to see the stock
surge back up. For all we know, the shake out could be over.

But, as you said, A LOT of folks went in to AAPL in the high 20's.

Scott