Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Keith Feral who wrote (69613)	10/4/2007 10:39:22 AM
From: stock bull	Read Replies (1) \| Respond to of 213182

Does anyone know why Apple nose dived this morning. Just got on my computer and see the stock down 2.55! Stoc Bull

To: Keith Feral who wrote (69613)	10/4/2007 12:41:22 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 213182

just my opinion but I don't think aapl will split here until their legal issues are behind them... For one thing they just replaced their in house lawyer and the options stuff (including responding to SEC inquiries etc) is still ongoing, AND there is this proxy issue that is currently being addressed by the SEC. The people involved in all this are the same people who administer stock splits, that would be shareholder relations and legal. I think this needs to die down first. Here is the proxy issue: The two SEC proposals on the table could hardly be more different. One would allow shareholders greater access to the board member nomination process, albeit only with a 5% stock ownership threshold and other requirements. The other, called the “no access proposal” by some, would exclude such a process outright. financialweek.com On Apple, my opinion is the SEC is trying to nail Steve with a deposition against Heinen, and in the back door various judges are allowing access to in house meeting minutes to shed light on the options practices at apple. So they may not charge Steve but they are creating a lot of noise about it, it isn't done.