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Technology Stocks : Apple Inc.
AAPL 271.86-1.0%3:59 PM EST

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To: WebDrone who wrote (23815)4/6/1999 4:22:00 PM
From: Eric Yang  Read Replies (2) of 213176
 
Everyone notice that ARMHY jumped over 11 points today and finished the session at an all time high of of 145 1/2?

Apple has already capitalized approximately $120 million through the IPO, and two partial sell transactions. The remaining shares that Apple owns in ARM now have a market value of about $350 million. The combination of the two means that Apple now has $470 million in asset derived from its investment of Advance RISC Machines. It's pretty darn sweet and largely unknown to most investors.

Eric
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