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Technology Stocks : Apple Inc.

AAPL 278.79

-0.7%

Dec 5 3:59 PM EST

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To: Gary Ku who wrote (11090)	4/13/1998 8:45:00 AM
From: Phillip C. Lee	Read Replies (1) of 213173

Steve is smart enough not to collect all the money for himself. He gave his group of now AAPL executives 20 million shares, that equivalent to $500 million dollars in today's AAPL stock price. He makes his party followers rich and gain control of AAPL without having a title as CEO. His so called cost cutting is to cut off people he doesn't like, but give far more to people he likes at the original share holder's expense. Last quarter's 45 million dollars earnings compared to 500 million dollars giving away is really nothing. Poor AAPL shareholders's interest have been sharply diluted without knowing it. Well, as long as Apple has guts to place shareholders meeting after Q2 reports, I pretty trust BOD's stock option's decision since only they have known the Q2 results and have forseen at least six months ahead. BOD's team is the strongest one among the same group of companies. Their judgement and decision are worth trusting. Phil

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