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Technology Stocks : Apple Inc.
AAPL 277.47+0.2%3:59 PM EST

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From: Moonray2/7/2013 2:46:07 PM
   of 213173
 
David Einhorn Still Thinks Apple Can Reach $1000 Per Share

Well it was only a matter of time — Apple‘s excessive cash position has attracted some shareholder
activism. Early on Thursday, David Einhorn, founder of Greenlight Capital, called for shareholder action.

Specifically, Einhorn wants Apple’s shareholders to pressure the company into issuing preferred shares.
The shares would be issued to existing shareholders as a way for current shareholders to get rewarded
for the strength of Apple’s balance sheet.

More at: forbes.com

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