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


To: Alomex who wrote (20648)11/9/1998 12:57:00 PM
From: Andrew Danielson  Read Replies (1) | Respond to of 213182
 
Institutional Selling

With the off-the-charts shares per trade figures and high volume of the past few days, AAPL has had its share of institutional sellers (as well as buyers).

Given the huge share of stock Fidelity reportedly had a few months ago, could they be behind-the-scenes seller?

My father works for US Bancorp and deals with institutional investors in his bank. He made a comment not too long ago to me about Fidelity being a "wishy-washy" institutional investor.

They buy and sell at the drop of a hat, and that pisses off guys like my father who are trying to promote stability/low price volatility as a selling point to other prospective investors.

---
Those Bollinger Bands are contracting a quick clip, a sign of an impending, large move either up or down. 35 is an important holding point, though. If we see 34 and change again, that would be a *very* bad thing . . .

Andrew



To: Alomex who wrote (20648)11/9/1998 1:01:00 PM
From: J R KARY  Read Replies (1) | Respond to of 213182
 
iMAC sales slowdown disputed

AAPL's marketing VP Phil Schiller : " But we've got our own theory and our own opinion, and we think the iMac is doing great and will have a great holiday season,"

His opinion is backed up by independent sources :

>> "Inter@ctive Investor Editor Larry Dignan weighs in with the opinion that iMac worrywarts are a bit premature " <<

zdnet.com

Jim K.