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Technology Stocks : Apple Inc.
AAPL 278.06-0.2%Dec 11 3:59 PM EST

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To: Phillip C. Lee who wrote (8134)2/3/1998 12:47:00 AM
From: J R KARY  Read Replies (1) of 213176
 
Phil S. Jobs speaks to AAPL employees tommorrow (2/3/98)

2/3/98 was to be both the proxy vote count date and the annual meeting . The proxy pre-announced stock options for "insiders" .

Postponing the proxy infers a change to either the participants or stock awarded . A CEO addition would be a logical reason .

AAPL's bondholders have given up 6% interest, converted to stock , and placed their shares into trading experienced institutional hands .

Recent large trades , on no news , could be these shares . They were to convert at $28/shr and maybe saw a better return trading .

However legitimate concern exists over Power's dilution and the return of AAPL's inventory from the many terminated computer stores .

Mr Jobs could stabilize the stock with a informative 2/3/98 address .

Jim K.
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