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

To: Andrew Danielson who wrote (16793)	8/17/1998 3:00:00 PM
From: WebDrone	Read Replies (1) \| Respond to of 213177

Andrew, what price would you get back in? Me, I would probably snap up more shares at $39. Thank goodness I'm not trading all of my AAPL shares, or I would be as Biondi Blue as my lil' buddy here. Web

To: Andrew Danielson who wrote (16793)	8/17/1998 3:11:00 PM
From: Sam Scrutchins	Respond to of 213177

At the risk of putting my foot in my mouth, I get the sense that today might be AAPL's blow-off top that we'll be striving to get back over weeks from now. Andrew, I feel the same way you do. I obviously sold about a 1/2 point too early today, and Apple is still showing surprisingly low volatility with this move up, a bullish sign in my opinion. Nevertheless, I even became more agressive when Apple hit 42 1/2 and bought the Aug 42 1/2 puts at 1 1/8. First time I have played puts on this stock. I may get burned here, but I willing to go for a small downside profit at this point either today or over the next several days. Good luck, Sam