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Technology Stocks : Apple Inc.
AAPL 278.28+0.1%Dec 12 9:30 AM EST

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From: Moonray2/7/2013 9:04:19 AM
3 Recommendations   of 213176
 
EINHORN: Here's A Simple Plan For Apple To Create Hundreds Of Billions Of New Dollars For Shareholders
By Joe Weisenthal | Business Insider – 9 minutes ago

In a press release that just came out, hedge funder David Einhorntold shareholders to vote AGAINST a
proposal from Apple that would eliminate the company's ability to issue preferred stock that paid a dividend.

In the letter he reveals that he's been talking to Apple about doing more unlock the hundreds of billions of
dollars that it holds on its balance sheet.

And he believes that by using preferred stock, Apple could get a lot more credit for the cash it holds.

This is a frustration of a lot of investors. Apple has all this cash: Why isn't the market valuing it more?

Anyway, here's how Einhorn says Apple could create hundreds of billions worth of value:

More at: finance.yahoo.com

AAPL jumped in price at 8:30 EST.
Apple Inc. (AAPL) -NasdaqGS
Pre-Market : 462.70 5.35 (1.17%) 9:01AM EST - Nasdaq Real Time Price

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