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

To: Phillip C. Lee who wrote (12975)	5/6/1998 8:52:00 PM
From: Marc Newman	Read Replies (1) \| Respond to of 213177

Well, I guess we can watch the overseas markets to get a clue as to what's happening tomorrow but I would think that if the Dow drops less than 100 tomorrow that Apple will be trading apart from the overall market. Who knows, maybe it will become a "haven" like the ridiculous internet stocks were a month ago. I feel very comfortable that I now have twice the Apple position I have ever held. Getting through thirty was huge and we've even seen from this board how some people have already taken profits. So the quickest of the profit-takers are gone and I assume that the most obstinate of the shorts added more today because they are convinced that Apple will eventually go out of business. We'll see how the WSJ, etc. play the Apple story tonight and tomorrow AM, but I'm looking for a good fight tomorrow, slogging through more resistance. Same on Friday. Volume really picking up Friday afternoon as people get ready for Monday's announcements. A big league upgrade tomorrow morning would help a lot. The hardware side is totally set for the rest of the year. If Apple can deliver an equally compelling OS strategy, the good news can roll. If Apple can give some kind of OS "story" that Wall Street can get behind, like Windows convergence, then we'll really take off. My two cents, Marc