SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Mark Palmberg who wrote (17106)8/21/1998 6:05:00 PM
From: Andrew Danielson  Respond to of 213177
 
<<So what we saw this afternoon was institutional investors pulling the trigger on this news?>>

It doesn't have to be institutional investors. For all investors, long-term revenue/market share growth is a major sticking point with AAPL.

The large volume transactions (50,000; 100,000) that went through at various points does point to at least one institution doing some active buying today, however.

Monday will be interesting. If we can overcome the 43 resistance, I think this report could be the start of another real explosion.

Andrew