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

To: RX4PROFIT who wrote (14838)	7/1/1998 10:20:00 PM
From: Phillip C. Lee	Read Replies (1) \| Respond to of 154077

<<>RECOMMENDATION >STOCK SHOWS STRONGLY IMPROVING CONDITIONS SCORE = (+3) >IF YOU ARE SHORT THIS STOCK CONSIDER COVERING OR MONITOR STOCK CLOSELY >STOCK IS AN EARLY ENTRY BUY CANDIDATE IF STOCK CLOSES ABOVE 29.30>> Dennis, The timing is about right for Apple to surge. It has broken recent peak of $29 and is going to challenge yearly high of $31.625 prior to the MacWorld in NYC, Q3 report as well as iMac sales. The volume has increased significantly which indicates the momentum investors have come back to catch this rare opportunity. Besides, today's the first day of the second half of '98, the continuing window-dressing has been extended up to probably tomorrow. Whether Apple will repeat the similar scenario to the first half of '98 remains to be seen. I believe some momey managers have left for long weekends after committing and buying more Apple today. I expect tomorrow Apple will continue to surge with good volume majorly from individual investors. Phil