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

To: Linda Kaplan who wrote (17480)	9/1/1998 11:08:00 AM
From: Richard Habib	Read Replies (1) \| Respond to of 213172

Well, I've been doing a little buying long and short term options. We may get another big leg down in the market but in the case of Apple it's just as likely that it moves to the mid 30's. It's one of the few companies I watch that is on the cusp of rapid earnings increase so at some point it should buck the trend and if the market responds upward it could have a decent surge. Besides I sensed my bloodshed index as exhibited by Phillip was reasonably high. Rich

To: Linda Kaplan who wrote (17480)	9/1/1998 11:17:00 AM
From: Richard Habib	Read Replies (2) \| Respond to of 213172

I guess the other thing is the IBM copper chips. As I've mentioned before, if Apple is going to incorporate these into portable products they may have the ability to leapfrog the competition for that sector and remain ahead for quite some time. So we still have that plus the consumer portable to look fwd to. As for world affairs. I think a lot of the difficulty is priced in. We'll go thru a stage where all the world leaders will focus on the problems and we'll see some improvements in the near term. Long term - still think it could be pretty bad. Lucky for me, I have no buy and hold bias. Rich