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Technology Stocks : Apple Inc.
AAPL 259.48+0.5%Jan 30 9:30 AM EST
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To: Scott Crumley who wrote (4074)8/13/1997 2:00:00 AM
From: Craig Stein   of 213183
 
Scott,

I'm interpreting this statment from the 10-Q to mean Apple still must expense a $100 million for restructuring charges:

"In addition to funding an expected net loss for at least the next quarter, expected cash requirements over the next twelve months include an estimated $100 million to effect actions under the restructuring plan, most of which will be effected over the next six months."
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