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Technology Stocks : Apple Inc.

AAPL 272.16

+0.1%

Dec 18 3:59 PM EST

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To: Moominoid who wrote (10698)	4/1/1998 9:10:00 PM
From: Phillip C. Lee	Read Replies (1) of 213177

David, If the news will be so great why doesn't Steve Jobs sign on and take his share options at an exercies price equal to the current market price. From what you said above, I think you don't know the situation. First, if you have read proxy, you would notice that all executives were ex-NeXT employees. Who can control this situation besides Jobs? Second, even Jobs wants the deal, he needs completely willingness from shareholders. Either approve 17m shares or disapprove it will be determined by 4/22. After approval, then it will be his turn to accept or not. Therefore, he doesn't need to accept the deal before votes. Third, it's just opposite of what you think - he wants to prove his Q2 will win the final approval for such shares. The shareholders not only appreciate him on the good job done for Q2, but also are willingly support this generous package. He will win beautifully and nobody will critize even from Dr. Gil. Phil

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