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


To: Richard Habib who wrote (18564)9/27/1998 6:56:00 PM
From: Phillip C. Lee  Read Replies (1) | Respond to of 213177
 
Richard, I haven't said further hedge failures would be good for the
market. What I have said was the exposure to this event to the public
was positive since the market doesn't like the uncertainty. So far,
those hedge funds losses have mostly been factored in the market and
the banks have taken an action. Invesotrs who put their money in the
financial stocks have suffered a deep hair-cut. However, it seems
the entire banking system in US still remains healthy.

I agree that we'll have a safe period for until Q4 report. However,
the volatility appears to be likely during this period.

Apple's Q4 has ended and its officials as well as BOD probably already
know rough results of Q4's. I no longer bother to illustrate how good
Q4 is because I have submitted so many posts to elaborate my
viewpoints. Believe it or not will depend upon each individual's own
judgement. Chinese said if it's a cow, even I bring it to Beijing, it
is still a cow.

Phil