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


To: Sam Scrutchins who wrote (17805)9/10/1998 10:07:00 PM
From: Phillip C. Lee  Read Replies (2) | Respond to of 213177
 
<<I wouldn't be surprised to see Apple close above 41 tomorrow, especially if the techs sustain a big rally on the Intel news. It is going to be a GREAT day, and Hi Grader's forecast is coming true, IMHO>>

Sam,

Based on CPQ's upswing after 4:00pm from low $30's to $32 (NYSE
permits stocks traded until probably 4:30pm, but not NASDAQ), I think
the gap-up of AAPL beginning bell tomorrow should be near or equivalent to
CPQ's. Therefore, AAPL could be traded around $39.5-$40 at the
beginning. Then, the trend will be totally depending on the overall
market, which I believe will be an upward trend tomorrow even the
disturbing White House event to be published on the internet. We'll
reach $41 and beyond very soon but $42.5 is a big question before
options expiration. Well, it's just my speculative scenario from my
personal feeling and no solid rationale is based here.

Phil