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


To: HerbVic who wrote (21649)1/4/1999 3:58:00 PM
From: J R KARY  Respond to of 213173
 
THINK you've got it right - massive options "road kill" coming

A max pain of $30 doesn't make sense. Suspect AAPL mgmt wants to stabilize the stock and rid itself of all the "event" investors as Vic Appl suggests .

My guess is a clever short squeeze has been engineered to BEGIN a steady stock price propulsion upward with the ENTIRE month of January as the "announcement" stage.

Though written in 1993, this Forbes article is worth a read to get a feel for NASDAQ stock pricing. Our beloved AAPL is mentioned often:

forbes.com

If AAPL investors don't believe Forbes then maybe they just THINK DIFFERENT and that AAPL management are just good stock traders like S Jobs' main man "Tevie":

18-Aug-98
TEVANIAN AVADIS
Sold (S)
63,434
Common
43.00 -
43.19
$2,727,948

Caught it right at the high as he was booking his red eye flight to the DOJ - poor , poor shorts following such an example !

biz.yahoo.com

Buy AAPL's stock , set aside the Rolaids, and lets all celebrate big time in two years !

Jim K.



To: HerbVic who wrote (21649)1/4/1999 4:01:00 PM
From: rhet0ric  Read Replies (1) | Respond to of 213173
 
They know that tomorrow is going to bid the stock back up. They would much rather it bid up from a position of 40 rather than 42.

It looks like we're rebounding off the low of $40 to end the day in the low $41s. The only predictable thing about the day before and day of Jobs' speeches is that AAPL will fluctuate a lot. How it does when the dust settles is the question, and ultimately I see AAPL going up significantly, especially after earnings.

rhet0ric



To: HerbVic who wrote (21649)1/4/1999 4:15:00 PM
From: Golden Bear  Read Replies (1) | Respond to of 213173
 
Agreed Herb, once the Shorts started the stock price downward, today, they would stop selling and watch as nervous investors started selling (lots of small share blocks). Then they would wait for a possible bottom and start buying back those shares at bargain prices. What Apple needed today was a mutual fund that would support the stock and spook the Shorters. I guess, as attorneys often do, there is a certain degree of professional courtesy among the mutual funds.