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

To: Jonathan Bird who wrote (15613)	7/15/1998 8:37:00 PM
From: Sam Scrutchins	Read Replies (1) \| Respond to of 213177

To all, Congrats to both Eric and Phil for wonderful calls. I found a computer at work that I could freely get to the internet on. Wonderful three days, and will be great tomorrow. SJ or Anderson never forecast more than breakeven revenue for this quarter, and that is what they got. Good for them. Best for short term holders to sell if the price is anywhere over about 37. There could be a second wave that will go up after an initial selloff from the opening pop, but it is risky. There is much good to come in the future, but the near term is clearly way overbought, and supply pressures in early September could be the excuse the market needs to correct this stock. The RSI and Williams%R will bottom at some point, and that is the time for short-term reentry. Long-term holders, just stay pat, you are in for a great ride over the next six months. Just my two cents. Sam