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

To: Andrew Danielson who wrote (17623)	9/7/1998 1:43:00 AM
From: Andrew Danielson	Read Replies (1) \| Respond to of 213176

Toyko = Toy Co.? Clearly my last post demonstrates some kind of internal chemical imbalance. I promise this is the last time I mistake a major world city for a toy company. Going to bed, Andrew

To: Andrew Danielson who wrote (17623)	9/7/1998 11:17:00 AM
From: Phillip C. Lee	Read Replies (1) \| Respond to of 213176

<<AAPL is up 8.5% on the Toyko exchange--much higher than the move it had in the US on Friday. 8.5% from Thursday's close puts us at 37 1/2. Direct currency translation of the 5150 price puts us in the overall range of 36 3/4-38, depending on how fast one thinks the overseas stock price adjusts for currency fluctuations (using the current 135 as low end and 140 as high end) Maybe we'll finally get a concerted rally out of AAPL stock.>> The current exchange rate of Yen vs. US Dollars is 133.57Y for $1, hence 5150Y is equivalent to $38.55. The market will bounce back significantly due to the high probability that Federal Reserve is going to reduce interest rate to boost up the economic in the near future. In CNBC, some market experts were talking about a great deal of short coverage activity tomorrow. I think AAPL will gain back some losing territory from last week's overall sell-offs. Momentum investors are going back tomorrow to anticipate this time's rally. I expect we will see around 10% or so lift tomorrow and the following days. Most of analysts and investors are coming back to work tomorrow and a new stock upward movement will be formed derived from investors/speculators looking for bargains. Somebody in CNBC today said this is a rare buying opportunity in about 10 years. If you haven't fully invested, think seriously to invest this time for a long term and you will find you grasp one of the best timings for a long time. Phil