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Technology Stocks : Apple Inc.
AAPL 276.95+0.4%Nov 25 3:59 PM EST

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To: soup who wrote (6592)12/3/1997 12:35:00 PM
From: Eric Yang  Read Replies (1) of 213173
 
Anyone hear anything about the PowerComputing deal lately? Last we heard was that the deal was on hold temporarily because of DoJ. Because of this PowerComputing seem to be lacking the financial resources to continue its plans to enter the Wintel world.

As I understand it, PowerComputing will receive $100 million most of which (75 mil?)in Apple stocks. All this is old news of course... But how will this affect Apple shares when the deal is finalized. Will PowerComputing be able to sell these shares right away to obtain the badly needed cash?

Eric
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