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

To: Andrew Danielson who wrote (21397)	12/23/1998 11:31:00 PM
From: Sam Scrutchins	Read Replies (1) \| Respond to of 213173

We were in the low 40's back when our earnings prospects were 2.02 FY99. We're now sitting at 2.47, which means we could hit 50 before* any speculative froth gets worked into the stock.* Hi Andrew, Strangely quiet tonight. I don't know if that is a good or bad sign. At any rate. here is another chart, a 6-month daily, showing the Bollinger Bands and Williams %R. bigcharts.com While Apple may, in extraordinary fashion, continue up for a day or two, the chart suggests strongly a short-term top is at hand. I bought some puts today and hope to profit from the price appreciation. Longer-term, I think 50 and better is close at hand (unless the market gives up), but for now, our little ride needs to consolidate. JMHO, Sam