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Technology Stocks : Apple Inc.
AAPL 271.84-0.4%Dec 31 3:59 PM EST

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To: Cogito who wrote (60061)1/3/2007 7:33:31 PM
From: JP Sullivan  Read Replies (1) of 213177
 
Apart from the "may-ness" of the article, it is true that at the time Jobs returned the options in exchange for the stock grants they (said options) were worthless. So, IMHO, he was "lucky" to have done what he did when he did. Nevertheless, we don't know what the real motivation for returning the options was. It could have been he knew they were not kosher and decided to do the "right" thing. It's a shame that all of this is happening when AAPL is riding one of its greatest moments ever. Absent this mess, the stock price would almost certainly be in the 90s.

-we-
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