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Technology Stocks : Apple Inc.
AAPL 275.98+1.7%3:59 PM EST

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To: Patrice Gigahurtz who wrote (7475)1/8/1998 2:35:00 PM
From: J R KARY  Read Replies (2) of 213173
 
Pat your are right the "2.2 mln shrs." was a smart buy

AAPL's latest EDGAR 4-S-/A resulted in less shares for Power and less dilution .

The earlier filing set the stage for recapturing some of the Power charge in 1Q but the new filing defers that event unless ammended .

Most EDGAR filings are changeable . Haven't fully read AAPL's latest but it looks good for shareholders .

AAPL's 1/14/98 1Q positive EPS benefits without Power's shares . Power has now set its shareholder meeting for disolution for 1/26/98 .

AAPL follows it with a 1/28 InterNet exposition , the annual report mailing , the board's $23/shr (income) proxy , and the 2/3 meeting .

12/23/97's 2.2 mln shrs had a single uptick after it whereas today's 500K block had many neutral or up ticks following it .

Jim K.
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