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

To: rnsmth who wrote (149874)2/9/2013 4:26:09 AM
From: JP Sullivan1 Recommendation  Respond to of 213173
 
Shareholders would have to vote to approve any preferred issue, if that passed.

And I don't see anything wrong with that. Einhorn is merely using the vote issue to call attention to Apple's cash pile, and he's putting a big exclamation point on it with his law suit. Preferred shares or not, he will be happy to receive more dough. That's what he's really after. To the extent that his grandstanding benefits shareholders, I suppose it's a plus.


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