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

To: Phillip C. Lee who wrote (15350)	7/13/1998 4:43:00 PM
From: RX4PROFIT	Read Replies (2) \| Respond to of 213182

Phil..Would appreciate your insight and comments: Robert K Morgan is predicting some resistance on the Yahoo!AAPL thread @ $35. Reason: <It's the Options. The Options. There are no open series in Apple options on the AMEX above 35, with the exception of the Jan 99 40 LEAPS. There's no way for the Market Makers and Traders to hedge their positions in AAPL without those options series. It's the same thing that stopped AAPL in the "Columbus" inspired rally.> Eric Yang's reply: <All it takes is 2 market session of trading at 36.25 for 37.5 options series to open. Personally I think your reason for the so called $35 resistance is pretty weak. There are so many other factors that are at work in the market place that has more impact on AAPL's price.> I lack in option savvy to comment. Thoughts? sources: <http://messages.yahoo.com/bbs?action=m&board=yahoo.af.08.468...> <http://messages.yahoo.com/bbs?action=m&board=yahoo.af.08.468...>