Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: HerbVic who wrote (23241)	2/20/1999 7:35:00 PM
From: soup	Respond to of 213173

Yes, We Have No Bananas ... or BlueBerry, Grape and Lime. This customer wants to buy a Grape iMac and needs it today. But my boss says that we wont have more Grape till Monday and they're probably spoken for. So I said; "We can sell you a Strawberry and a pair of blue sunglasses." Maybe next time. :)

To: HerbVic who wrote (23241)	2/20/1999 9:48:00 PM
From: Moominoid	Respond to of 213173

To me the market as a whole (measured by SPX) looks very similar to mid-May98 on all kinds of criteria. Right now we have a triangle type formation bouncing off lows around the 50 day MA just like then. I could go on with a lot of other similar things... The trading range is quite a bit wider though than then 70 SPX points compared to 40 SPX points. DELL, MSFT were also behaving very much like now but again with a smaller range. AAPL was behaving a bit better then than now. The recent lows (on a close basis) are just hitting the neckline or downtrend off of last July's peak in AAPL. It seems that as in December the 200day 34 week MA area is holding up. On the other hand beta is rising (acording to Market Edge) and so my model would lower AAPL's expected price on FA grounds to about $43 (from $47). David