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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. LeeRead Replies (1) | Respond to of 177254
 
<<>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


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