SI
SI
discoversearch

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: J R KARY who wrote (12764)5/5/1998 9:39:00 PM
From: Sam Scrutchins  Read Replies (1) | Respond to of 213177
 
Didn't they do something like this to us 11/10/97 ?

J.R.,

Yes 'they' did, and it has me worried. Expectations seem to be running high on this thread, mine included. The street can confound in unexpected ways. It wouldn't surprise me at all to see a little series of upticks on Wednesday, say to 30 1/2 or so, then serious selling by the MM's. If this does happen, you can probably rest assured that they will take the stock back to news highs before May 11th. If the stock stalls (especially if the market is tanking again), should one try to play the day-trader role and clear out for a couple of points?

Sam