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Technology Stocks : Apple Computer (AAPL): Analysis and Forecasting -- Ignore unavailable to you. Want to Upgrade?

To: R C who wrote (346)	7/29/1998 3:30:00 PM
From: Marc Newman	Read Replies (2) \| Respond to of 692

Well, today's price action was just what this stock needed. Now it looks very safe to buy and I think more money will come in, thinking that $33 was/is the bottom. I don't think it is significant that we hold $35 today, considering the big move and the bad day on the Nasdaq. Once we get into August, the real iMac buzz will begin. Here's hoping Apple has a great television commercial lined up. Marc

To: R C who wrote (346)	7/30/1998 12:54:00 AM
From: High Grader	Read Replies (1) \| Respond to of 692

Thanks for the information RC. I have an article on some bench tests that a friend of mine did in regards to installing windows on a mac and so on. Very interesting techie stuff for those of us who make a living doing techie things with computers. I will try to find it and pass it on to you. Funny you never see anyone try to run a Mac on a PC... On the Apple front, I have updated the Elliott Wave analysis. It bounced off the 38% wave 4 level very nicely, only 30 cents off in terms of accuracy. There are several possible target zones for the next wave up. I am not going to be available for about a week to make any further updates, but any one on this thread with experience using technical indicators should be able to monitor the possible targets and dates suggested. It will be interesting to see if they are in fact of any use.