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 275.98+1.7%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Phillip C. Lee who wrote (7069)12/29/1997 10:13:00 AM
From: J R KARY  Read Replies (1) of 213173
 
Hi Phil but why did Power accept losing $3.5 mln ?

Power had to repay AAPL but why not finance the $25 mln and await a positive MacWorld uptick ? This suspected sale cost Power $ 3.5 mln

There is something here we are not seeing as Power has assets to finance . I agree AAPL has potential so why sell now ?

Of course until admitted the 2.2 mln share trade could have been somebody other than Power (Kaghn & 4 C Ventures) but that's wishful thinking .

Power , or any large holder, selling NOW doesn't add up - there is somthing else here.

Regards,
Jim K.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext