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

To: Linda Kaplan who wrote (16150)	8/2/1998 1:50:00 PM
From: soup	Read Replies (1) \| Respond to of 213182

It's a Beautiful Day. via MaCentral >I'm sitting on my back porch, knowing that the next time I hear or see the word "Apple" it will probably be in a positive context. When I go out on the town, people buy me drinks and ask me to tell them more about this iMac thing. For the first time in years, I don't have to defend Apple anymore. I could get used to this.< maccentral.com

To: Linda Kaplan who wrote (16150)	8/2/1998 8:35:00 PM
From: Slide Rule	Read Replies (3) \| Respond to of 213182

Linda, agree about needing a floppy, at least occasionally. When the computer & network are OK, not much need for 'em -- but that ain't always the case. If you lose the hard drive or crash the system, you probably cannot see a network -- so repairs won't come that way. Might not be too bad if you're on a network with decent support, but otherwise there would be no recourse but to lug the Mac off to some shop. Over the years I've had a number of these situations, and an emergency floppy always got me going again. Would feel at risk without one. Also, a floppy still is a good way to "send me that file". I'm stuck with a 400K limit on e-mail attachments; ZIPs are not that common and only a few people go thru the bother of getting/maintaining passwords on a server. But, everyone has a floppy, and that suffices in most cases. The floppy's days may be numbered, but for the moment I still need them.

To: Linda Kaplan who wrote (16150)	8/2/1998 9:37:00 PM
From: Sam Scrutchins	Read Replies (1) \| Respond to of 213182

Sam: Kudos on your brilliant sell of your options the other day. You picked the right moment, again! Let us know when you buy back. Thanks Linda. Unfortunately, I took my own advice and established new positions when Apple was between 35 1/2 and 36. The big selloff at the end caught me by surprise and has already cost me about 3/4's point. Oh well, you win some and you lose some. My advice to you is to watch the market. If we are weak next week, Apple probably will not do too much on the upside (barring news) and may fall a bit further. A crash may retest 30 level, but that's hard to say. I went into August options anticipating a runup on the iMac release. That may have been a mistake. At this point, I suspect the Sept or Oct 35's (without much more market downside) or lower strike positions if the market tanks soon, are the best bet. You may be fighting a weak market, which will probably limit much upside potential for Apple. I still think the stock will outperform, but that's certainly a relative concept. Good luck. Also, thanks for the info on the iMac purchase. I will probably go the educational discount route, as I told Scott, because I want my daughter to learn to exist without a floppy. With virtually everyone we know having internet addresses, it really doesn't make a lot of sense, especially since one can Zip a series of files into one executible file and E-mail that file. Sam