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


To: HerbVic who wrote (13699)5/17/1998 11:50:00 AM
From: Phillip C. Lee  Read Replies (1) | Respond to of 213182
 
HerbViv,

As always, the option expiration will get extended to Monday's morning
as MM's clean up all contracts expired automatically with less payout.
The stock will stabilize after the cleanup in the afternoon.

I have received a letter from NASDAQ for those qualified people on the
payments of by institutions manipulating the market during past 5-6
years on more than several hundreds of companies. There are milions
of investors lost money due to such manipulation, conspiration by
MM's. The total amount paid to investors accounts for 1.07b.

Does this phenomenon continues? I think so, but hopefully it has been
reduced to the minimum. Apple's an obvious example of the artificial
depressed one in the recent case, but has been improved significantly.

The wintel stocks such as Microsoft, Dell, Compaq, Intel will get
pressure from the breakdown talk between MSFT/DOJ this weekend.
However, the upward trend on those stocks will continue. Hence, I
wouldn't bet on shorting those stocks.

For Apple's stock, the trend was down a bit last Friday due to MM's
intention of swallowing calls and puts. They will let go for market
to make its own course after closing deals on May's options entirely
which will occur around tomorrow's afternoon.

I still believe Microsoft's trouble is a precious opportunity for
Apple to sell more iMac and G3's in the coming hot seasons, which
will easily translate into higher revenues/net in the current quarter
and the following ones. I am particularly interested in the states
status against Microsoft since they have authority to make a decision
on school buying. For Federal buying, it's also an opportunity for
Apple to gain more shares in such market if Feds are willing to
balance the usage of various platforms and to resolve such anti-trust
issues with Microsoft.

Phil




To: HerbVic who wrote (13699)5/18/1998 12:09:00 AM
From: Moominoid  Read Replies (1) | Respond to of 213182
 
Incidentally, how do you feel about the market's move tomorrow? Do you have any take on that?

We're down about 1% in Sydney so far - but that is based on Friday's Wall Street performance. Tokyo is down .25%. I'd guess that MSFT (news) and DELL (technical) will both be down. Given the current trend in AAPL I'd bet down too.But this is at 2:00pm Sydney time. I normally check the S&P 500 futures just before the market open in New York and how Europe has been doing. I'm hoping to get in on DELL before the price falls. I have to sell some other shares first to get the buying power.

David