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

To: Linda Kaplan who wrote (17156)	8/23/1998 9:57:00 AM
From: Phillip C. Lee	Respond to of 213172

What has AAPL been in the past week? Well, it was ranked as 14th in the most active trading with 28,22,500 shares traded. It has been stronger than average of similar stocks since the end of June. Can it sustain its rally? Nobody knows. Can it become the second DELL? (If you invested 1000 shares in 1993 at $19.5 at DELL, you would become $1,928,000 as of August 20th). We never know. The overall market has been weak for quite a while but yet entering bear market by academic definition. The combination of weak overall stock market and strong AAPL performance indicates we could go either way depending on how you interpret the situation. There is little doubt that AAPL gradually becomes one of hot stocks traded by day traders who take advantage of Internet's convenience as well as its speed, cost to perform instant trades, which more or less creates wide-swings than ever. I personally believe we shouldn't count on short-term investment since it's not easy to predict and involved in steep tax burden if profitable. If for fun, 10% of your total investment would be the maximum. My feeling on Apple has been optimistic, but wouldn't say it will be like DELL's outstanding performance in the past five years. it's a stock to hold for at least a year (or a year and half) to qualify as a long-term investor based on IRS definition. We recently transferred some of our AAPL to kids accounts for thir educational funds and they won't cash in for at least another three more years since I still believe for that time frame, AAPL should have better returns than average of other tech stocks. Phil

To: Linda Kaplan who wrote (17156)	8/23/1998 1:56:00 PM
From: WebDrone	Read Replies (1) \| Respond to of 213172

Linda- notify the ISP, and Apple. I believe the problem is the ISP is not using modems on their end that comply with ITU standards. My little tiny ISP uses 3Com gear upgraded to V.90, and connections are very fast and rock steady. Not as fast, however, as 3com-3com... which is 2-3 kbs faster! All in all, why not use Earthlink? Price is right, and the service is supposted to be the best. 'Drone