SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Apple Inc.
AAPL 277.96-0.3%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Linda Kaplan who wrote (9908)3/23/1998 5:57:00 PM
From: Phillip C. Lee  Read Replies (4) of 213173
 
Linda,

Today's stock performance is beautiful and as anticipated. It went
down in the morning due to the extension of the option's expiration.
The money managers intentionally pushed the stock down to under $25 so
all the calls expired would get less returns.

In the afternoon, the stock naturally rebounded because most of March
options have been cleaned up and also they anticipated the big news of
new CEO to be discussed in the BOD meeting. I expect it is going to
be a great day tomorrow. The price will retest local peak at $27.25.
It probably closes around $28 depending on how the money managers
treat this big news.

On Wednesday, if Jobs takes the permanent CEO, then the stock would
be boosted to $30, otherwise, it probably retreats back to around $27
if no other news besides new CEO.

Well, do you know why BOD provided Jobs with such a good deal ($270m
worth of stock)? I think it is clear that BOD have known that Q2 results
are unbelievably outstanding and want to challenge shareholders to
give an approval for executives' HUGE shares AFTER Q2 reports. Geez, I
couldn't believe the trace of Q2 is so obvious and hence I would still
like to stick with my optimistic estimates. We'll see in less than
one month for the results.

Phil
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News