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


To: Essam Zaneldin who wrote (13949)5/22/1998 11:16:00 AM
From: Phillip C. Lee  Read Replies (2) | Respond to of 213177
 
<<If Apple's April sales are #4 ahead of IBM, then why AAPL is down
to 27 1/2 today? Is it the UMAX news?>>


Umax is part of the reason, however, Umax uses it (don't know if it's
true) as a bargain chip for the extension of future license in July.

The long holidays are coming and it's precious opportunity for shorts
to take advantage of the rare chance to push it to extreme.

I think it'll recover back before the close.

Phil