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


To: HerbVic who wrote (23751)3/31/1999 10:06:00 PM
From: Mike Connolly  Read Replies (1) | Respond to of 213176
 
HerbVic: stocks trade all day tomorrow; bond market closes at 2pm. No trading Friday.

Not clear why fund managers would rush to add AAPL as window dressing, given its poor performance in the last quarter. It will be a good play for next quarter, but I don't see why they would feel a need to purchase it in time for their Q1 report to fundholders (actually buying tomorrow would seem to make more sense -- get the benefits of Q2 uptrend in AAPL, without the negative of having to show you owned it during an underperforming Q1).

Nevertheless, you had a good call on downtrend at end of day. What would you expect tomorrow, given the start of a new month/quarter?