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


To: Andrew Danielson who wrote (22575)1/15/1999 6:21:00 PM
From: MeDroogies  Read Replies (2) | Respond to of 213176
 
Well, I'd say that today was positive in light of all the dumping that was taking place. Looks like people were starting to buy on the sudden weakness from yesterday.
Average size was up mildly...from 920 yesterday to 990 today. That doesn't really tell too much about who was buying...statistically, the change was too small. Still, that could be interpreted as a positive sign.



To: Andrew Danielson who wrote (22575)1/16/1999 8:14:00 AM
From: Linda Kaplan  Read Replies (3) | Respond to of 213176
 
All: This is an indication of how things have changed for recognition of AAPL.. Home Shopping Network has a Today's Special Value today, and it is described in their permanent graphical ad for it as a USB "iMac and Computer Color Flatbed Scanner." I've watched Home Shopping for years. They have never mentioned anything Macintosh. In their discussion of this scanner the fact it works with other computers is mentioned as an afterthought! Again, the graphical display says "iMac and Computer Color Flatbed Scanner." This is an extraordinary indication to me that Apple is now being acknowledged as a significant player in the marketplace.

The scanner, by the way, for anyone who is interested, is item number 221-295, it's a 36-bit flatbed, comes with software, is made by Adara, and costs only $88.50 today. Just call 1-800-284-3100 to order it. Price goes up tomorrow. MY scanner cost me about $3000! I almost feel compelled to get this scanner in case I ever get the new G3. LOL! If I hadn't been bankrupted by AAPL and other stocks this month, I might.

Linda



To: Andrew Danielson who wrote (22575)1/19/1999 2:03:00 PM
From: Andrew Danielson  Respond to of 213176
 
Stay away from those options

As I sold my remaining April options this morning, today marks the first day I have not held some kind of AAPL options since last August.

So I decided to analyze my performance through Quicken, and I found out something disturbing: I would have done significantly better had I not sold my shares in August and delved into options.

In other words, despite some spectacular gains (and spectacular losses) with options over the last six months, a simple buy-and-hold no-brainer would've outperformed my diligent efforts to outsmart the market with call options.

Draw whatever conclusion you want, but I for one will never attempt options again. They look like so much fun, but when you combine the relentless time decay with the extreme volatility, high bid/ask spreads, and susceptibility to exogenous events, they ain't so much fun anymore. . .

Andrew