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Technology Stocks : Apple Inc.
AAPL 272.94+2.5%2:26 PM EST
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To: J R KARY who wrote (8050)1/29/1998 12:44:00 AM
From: TalkingStick  Read Replies (1) of 213173
 
At the transaction the $20M loan is taken as a credit against the $100M purchase price, hence the balance of $80M in stock at roughly $19 per share are newly issued shares. The $15M in escrowed stock will be doled out quarterly. As was pointed out the market really only has to absorb in the short term approx 3.2M shares-Not that much given the current volumes-
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