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Technology Stocks : Apple Inc.
AAPL 284.15-0.7%Dec 3 3:59 PM EST
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To: Phillip C. Lee who wrote (9169)3/6/1998 7:35:00 PM
From: Sowbug  Read Replies (1) of 213173
 
If Apple bought GVIL, it's safe to assume AAPL stock would drop, though only slightly (Global Village has 17,014,000 shares outstanding, with a consequent market cap of only $16 million).

Apple has had a terrible reputation as being unable to manufacture a modem -- when I worked there, the story went that the original Apple Modem was the only product that was so bad that an engineer was fired as a result of it.

Perhaps Apple is hoping to erase that stigma. But there has to be more to it than that. It's my intuition that investors will be exasperated if they hear about an AAPL buyout of a smaller company.
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