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Technology Stocks : Apple Inc.

AAPL 266.38

-0.8%

Nov 20 3:59 PM EST

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To: Phillip C. Lee who wrote (8044)	1/28/1998 11:34:00 PM
From: J R KARY	Read Replies (2) of 213173

Phil "Talking Stick's" update on Power's status was helpful However there are also two AAPL SEC S4 documents to be considered as legal filings and many questions still remain . The S4 clearly states Power must repay the $25 mln loan to AAPL plus Power had another $7 mln short term loan with a outstanding balance of at least $5 mln. Without a operating company where will Power's funds come from to pay the loans ? Its not clear to me but possibly AAPL's $25 mln asset payment is still available but Power seemed to need considerable funds to wind down . Hence could we see a false rally into which Power will sell some significant shares ? Regards, Jim K.

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