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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Louis Gray who wrote (25472)	7/14/1999 5:19:00 PM
From: Richard Habib	Read Replies (1) \| Respond to of 213173

Here is the stock buyback PR Apple Announces $500 Million Stock Repurchase Program CUPERTINO, Calif., July 14 /PRNewswire/ -- Apple® today announced a plan to repurchase up to $500 million of its common stock. ''Apple's Board of Directors believes that the Company's stock is a good long term investment,'' said Steve Jobs, Apple's interim CEO. ''We are confident in Apple's future and believe this repurchase program will produce long term benefits for the Company and our shareholders.'' Under the plan, the stock will be purchased in the open market or privately negotiated transactions from time to time in compliance with the SEC's Rule 10b-18, subject to market conditions, applicable legal requirements and other factors. The repurchase plan does not obligate Apple to acquire any specific number of shares and may be suspended at any time. Apple Computer, Inc. (Nasdaq: AAPL - news) ignited the personal computer revolution in the 1970s with the Apple II, and reinvented the personal computer in the 1980s with the Macintosh. Apple is now recommitted to its original mission -- to bring the best personal computing products and support to students, educators, designers, scientists, engineers, businesspersons and consumers in over 140 countries around the world. NOTE: Apple, the Apple logo and Macintosh are registered trademarks of Apple Computer, Inc. Additional company and product names may be trademarks or registered trademarks of the individual companies and are respectfully acknowledged. SOURCE: Apple Computer, Inc.