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: Patrice Gigahurtz who wrote (7048)	12/28/1997 10:59:00 PM
From: J R KARY	Read Replies (1) \| Respond to of 213173

Hi Patrice 2,352,000 shr trade was a sell by Power Austin-Amer. reports 12/28 : "Power Computing will soon distribute what remains of the $100 million from Apple after it repays a $25 million loan Apple made in September." austin360.com Power gained $125 mln - $25 mln cash and $100 mln shrs. (7,000,000) which may be be sold to finance Power's NEW "On-line" Wintel sales site: austin360.com To sell at a low to repay $30 mln in loans does not seem prudent but hopefully revenge is not Power's motive . Unfortunately it will pressure the stock's recovery . Regards, Jim K.