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Technology Stocks : Apple Inc.
AAPL 268.55+0.4%Nov 19 3:59 PM EST

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To: Phillip C. Lee who wrote (8014)1/28/1998 12:19:00 AM
From: J R KARY  Read Replies (2) of 213173
 
Power CC sells off last Mac products - accepted AAPL's $125 mln

Power now owns $100 mln of AAPL stock priced at $16.25/shr and will conduct a left over inventory auction :

austin360.com

According to the OS license buy-out terms , Power must now repay AAPL most of the $25 mln AAPL loaned Power in September .

Power also rec'd $25 mln (cash) for selling certain assets to AAPL .

Jim K.
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