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


To: Andrew Danielson who wrote (16612)8/13/1998 3:32:00 PM
From: Marc Newman  Read Replies (1) | Respond to of 213177
 
Andrew, I think we're going to test $42 either tomorrow or Monday, barring bad overseas events. I agree with you about all the base-building. It's been a month since earnings and the price is only $2 higher than it was at the then ytd high. I think signs of iMac sales are going to be leaking out starting this weekend. Sure, the buzz in the computer world has been huge, but nothing beats another wave of stories about crowds at the stores, etc. It makes for good evening news fodder, IMO, and at the least will bring in some retail investors.

I like today's action. A little pause before the last session of the week.

I did cash in 20% of my trading shares today--after the market events of the past three weeks, AAPL is great currency to use on temporarily depressed issues. One share buys me almost a share of both THQI and EIDSY, which is a 100% change from February.

Will we see a buy program in the last thirty minutes? Hmmm.

Marc