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Technology Stocks : Apple Inc.
AAPL 271.84-0.4%Dec 31 3:59 PM EST

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To: HerbVic who wrote (24286)4/22/1999 2:19:00 PM
From: J R KARY  Read Replies (1) of 213177
 
Exactly my misconception ! That be the NOW published facts on the Notes

What they do with what they have (left after shorting ,or maybe planning a short after a run up then to cover before 6/1/99 etc.) , and how it will effect AAPL's price near term , is the laboring (unknown to me) part .

My guess is they have known about 6/1/99 for a while and may have done already what they have to do .

The original redemption date for all of AAPL's 6 percent convertible subordinated debentures was due June 1, 2001 .

Keep in mind the Noteholders were AAPL's "friends" .

Eric is putting (hate that word put around AAPL) together a review and this is a timely event , particularly for May option holders .

Jim
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