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Technology Stocks : Apple Inc.

AAPL 279.17

-0.5%

1:47 PM EST

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To: soup who wrote (6236)	11/11/1997 11:14:00 AM
From: J R KARY	Read Replies (1) of 213173

Hi Soup.: Executive (zeck) stock options have to be determined AAPL's product roll out yesterday seemed to have a "full moon" effect on this thread...and I thought the una bomber was in custody . Dr. Gil brought in the $1 bln to keep AAPL's creditors at bay while AAPL reorged and yesterday's product roll out was the 1st element . Dr. Gil's $14 mln in salary/bonuses and $26 mln in stock made Steve Jobs promise all zeck future bonuses would be in stock not cash . The board is new , met for 3 days prior to the roll out , and has both Jobs and Ellison as members . Its job one is setting the stock option plan (including brd members) , placing a (unique) CEO , a (???) COB , plus 2 sales executives . AAPL's talented board evidently saw AAPL did not NEED a instant merger . One way IBM handled channel and direct sales conflicts was by awarding duplicate commissions to be used for local channel advertising etc . Regards, Jim K.

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