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

To: J R KARY who wrote (12968)	5/6/1998 7:13:00 PM
From: Forest Gump	Respond to of 213177

Go Steve, Go easy Lou....

To: J R KARY who wrote (12968)	5/6/1998 7:54:00 PM
From: Don Green	Respond to of 213177

Nothing NEW on CNN When I saw Jobs on CNBC I was no longer worried about what he might say on Moneyline... I expect the shorts will rebound in the market with an expected gap down in the overall market on thurs morning, so I expect to re-enter Apple at sub 30-29.. Regards Don

To: J R KARY who wrote (12968)	5/6/1998 8:06:00 PM
From: Phillip C. Lee	Read Replies (1) \| Respond to of 213177

Jim, I watched Jobs interview too. It seems the message sent out was clear and loud. iMac costing $1299 is more powerful than PII machines of comparable prices. The timing for iMac available is just perfect to catch pre-school-opening season from August. This low-end machine is going to catch more marketshare, however, Jobs doesn't want to speculate how many more percentage will be gained but he is pretty confident a significant marketshare may be come back to Apple. If speculating here about the percentage gain, I would estimate around another 3%-5% on top of current 4% of overall marketshare. Well, now, let's go back to today's stock. The stock performed amazingly well under overall downward market (DJI down 92 points, NASDAQ down 8+ points). The volume was well above double of the daily average. The trend was gradually moving from uncertainty to strongly up after 3pm est. The yearly high was again broken again easily. From this point on, we should have little barrier ahead of us until probably $35. Moving from current level to $35 is like moving from $15 to $17.5 on percentage term. Another boost to $35 will be derived from analysts' upgrade or overall tech market upward, which is likely to occur within a couple of weeks. Breaking the yearly high is an event all longs are waiting for and is also a strong warning signal for shorts to wake up and cover up. Phil