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


To: Phillip C. Lee who wrote (16334)8/6/1998 10:35:00 PM
From: soup  Respond to of 213177
 
After you. ... No, after you ...

OK, I think we can pretty much see a pattern to AAPL's day trading.

The stock *opens* weak on little volume for the first ten minutes or so. Meanders around up or down then *closes* strong.

I think there's a tacit agreement between traders that those trying to get out of short positions have the first ten minutes, then all bets are off.

In return, the last ten minutes is left to the bullish contingency.

Again, another totally unsubstantiated theory.



To: Phillip C. Lee who wrote (16334)8/7/1998 1:57:00 PM
From: Zen Dollar Round  Read Replies (2) | Respond to of 213177
 
The iMac event is too big to be ignored so the stock will gradually
reflect its real value. When the time (August 15th) is getting
closer, the stock gets hotter.


Robert Cringley, author of "Accidental Empires" and a columnist at the PBS web site, is reporting that as of last week, Apple has only made 5,000 iMacs, and worse, they have an "out of box" failure rate of 11%. While I find him to be a bit of a blowhard sometimes, he makes some valid points about the iMac:

pbs.org

This page just points to his current column, so if it no longer pertains to the relevant article when you try it, go to the index for his columns and look for issue 1.71 dated August 7, 1998 that begins "I think, therefore iMac..."

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