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

To: Richard Habib who wrote (17791)	9/10/1998 5:24:00 PM
From: Phillip C. Lee	Read Replies (1) \| Respond to of 213177

<<Well obviously on the latest sales news Apple would be strong, stronger than I thought. Don't feel sorry for me though, I bought 48 calls on Oracle today and 10 on Rambus. I just think Phillip that we'll be in a trading range till near earnings and we're at near the high end of the range now so more likely than not down before earnings. On the other hand tomorrow will be interesting with the possible disaster in Japan tonight, Starr's report tomorrow counterbalanced by Intel forecasting stronger earnings, Oracle 25% surprise and of course Apple's strong sales. Who will win tomorrow, bulls or bears? Rich>> Richard, I think you have got a good deal on ORCL today. I don't think Japan has any particular surprises regarding GDP tonight when you look through Japan's stock market in the past four days (increase by almost 10%). ORCL and INTC are excellent news to the tech stocks, which will bring back the prosperity. AAPL will be fueled up to reflect its good news on iMAC sales and quarter net/revenue. I think AAPL could reach $40's range before options expiration, but who knows in the current volatile market? Phil