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

To: soup who wrote (18107)	9/16/1998 8:53:00 PM
From: Phillip C. Lee	Read Replies (1) \| Respond to of 213177

<<Man, more posts with less said (about the putative subject.) Someone want to comment about why AAPL was down 7/8 today?>> Somebody (not necessarily money managers) were playing hedging game via selling stocks and buying call options, particularly in the final 30 minutes with less activities than normal. They bet on Jobs' speech tomorrow - rally first than profit-taking kicked in, so they can sell call options then buy back stocks later. Phil

To: soup who wrote (18107)	9/16/1998 10:16:00 PM
From: Andrew Danielson	Respond to of 213177

<<Someone want to comment about why AAPL was down 7/8 today?>> I said it two days ago, and I'll say it again: I believe AAPL is entering a period of low-volume stabilization. For the technically oriented, just take a look at AAPL's YTD chart w/Bollinger Bands. The Bands are a gaping yaw. Things need to settle down a bit. More low volume days like the past few; point movements a point or less and often in opposite directions from one day to the next. I still believe we will be stuck in a trading range from 36 3/4-38 1/2 for the next 1-2 weeks. W/earnings report on October 15, we will probably see a run-up start a few weeks prior to the report. I would be surprised--very surprised--to see AAPL make a new high before October 15. After, however, is a WHOLE other story! :-) Of course, everything is predicated on the idea that no major news comes out. IF Jobs whips out the new portable for all to see in France tomorrow, then I take everything back. I doubt he'll say much of anything important, however. . . Andrew

To: soup who wrote (18107)	9/17/1998 12:24:00 AM
From: Eric Yang	Respond to of 213177

Remember Aaron Goldberg of ZD Market Intelligence that suggested Apple may have sorted to channel stuffing... only to be proven wrong when Q3 earnings were released? It seems like Aaron is singing a different tune now. (thanks to Eitan for sending me the link) zdnet.com ci.infobeads.com "The hype and hoopla surrounding sales of Apple's new iMac product have been huge. It's the first technology product to really get attention from mainstream press in quite some time. And not only has the attention been there, but the sales of the product have also been incredible. The iMac's responsibility was nothing less than than to save Apple Computer. Despite recent profits, the reality was Apple's PC sales were anemic, and the firm faced the grim prospect of being a shrinking company. The single issue for Apple was to raise sales levels. And that has been accomplished, at least for one month, by the iMac." Eric PS, Soup most of the iMac serial numbers that people sent me begin with either XA or XB...depending on which building at the Sac plant the machine was produced (building A or B). Some iMacs are shipped here from Singapore according to some reports. Normally units from Singapore plant are suppose to have serial numbers that begin with SG. I'm not sure if that is still the case. Units from Cork have serial numbers that begin with CK.