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


To: Eric Yang who wrote (7802)1/17/1998 7:08:00 PM
From: J R KARY  Respond to of 213173
 
Eric a shareholder resolution to investigate Amelio's bonus ?

The 2/3/98 annual meeting may be the time to request a investigation of the 4QFY96 management bonus Dr. Gill authored and his unpaid $5 mln loan.

There are grounds . CFO Anderson stated there has not been quality earnings since 1995 yet the bonus was paid for 4QFY96 "profits".

Former Board member Markkula's NYT 9/1/97 article states the Board wanted to can Amelio in Jan 97 . Why did it fail to do so ?

Dr. Gil's new book could provide a repayment source:
usatoday.com

It is a shareholder issue . The pending stock options will dilute shareholder equity and should not be used to repay the "extended" loan.

Any thoughts ?
Jim K.



To: Eric Yang who wrote (7802)1/17/1998 8:12:00 PM
From: Marc Newman  Respond to of 213173
 
Eric, well said. I used to enjoy Recon but it has been worthless the last three months or so. Plus, the longer one reads it the more one catches on to Mr. Morgan's rhetorical tricks (and tires of his rhetorical flourishes). My quotes say that Apple only went into the low nineteens that day. If Recon's amazing news was so great, why was I buying Apple at 17 3/8 the next trading day?

Frankly, I'm not sure what can get the stock into the twenties soon besides a CEO announcement. If this remarkably profitable quarter couldn't do it (except for a very brief short roast on Jan. 6) then certainly a little conjecture on Recon won't do it.

Morgan's wishy-washiness on earnings plus the bizarre "hot boxes" story were pretty pathetic. As someone posted here last summer, Apple Recon is now for entertainment purposes only.

Marc



To: Eric Yang who wrote (7802)1/19/1998 1:28:00 AM
From: N4ZQ  Read Replies (1) | Respond to of 213173
 
DATE CLOSING PRICE OPEN HIGH LOW VOLUME
-------- ------------- -------- -------- -------- -----------
1/16/98 18 13/16 19 7/16 19 7/16 18 11/16 2,199,600
1/15/98 19 3/16 19 3/16 19 3/4 18 5/8 4,993,500
1/14/98 19 3/4 19 7/8 19 15/16 19 1/4 5,261,300
1/13/98 19 1/2 18 5/8 19 5/8 18 1/2 5,686,200
1/12/98 18 1/4 17 7/16 18 5/8 17 1/8 4,610,700
1/09/98 18 3/16 18 1/8 19 3/8 17 1/2 7,915,600
1/08/98 18 3/16 17 7/16 18 5/8 16 15/16 6,915,800
1/07/98 17 1/2 18 13/16 19 17 5/16 9,300,200
1/06/98 18 15/16 15 15/16 20 14 3/4 16,189,500
1/05/98 15 7/8 16 1/2 16 9/16 15 3/16 5,820,300
1/02/98 16 1/4 13 5/8 16 1/4 13 1/2 6,411,700
12/31/97 13 1/8 13 1/8 13 5/8 12 15/16 3,628,200
12/30/97 13 3/16 13 13 7/16 12 3/4 3,058,100
12/29/97 13 1/8 13 5/16 13 7/16 12 7/8 2,483,900
12/26/97 13 5/16 13 1/16 13 3/8 13 963,200
12/24/97 13 1/8 13 13 1/4 13 873,500
12/23/97 12 15/16 13 1/8 13 5/16 12 15/16 4,096,700
12/22/97 13 5/16 13 7/8 14 13 3/16 1,423,900
12/19/97 13 11/16 13 9/16 13 7/8 13 1/4 1,701,900
12/18/97 13 13/16 14 14 13 3/4 1,804,000
12/17/97 13 15/16 14 5/16 14 9/16 13 15/16 2,368,700
12/16/97 14 5/16 14 14 3/8 14 1,657,400
12/15/97 13 15/16 14 1/8 14 1/4 13 3/4 1,481,200
12/12/97 14 1/8 14 3/4 14 7/8 14 1,433,600
12/11/97 14 9/16 14 7/16 14 9/16 13 7/8 2,294,100
12/10/97 14 3/4 15 1/16 15 1/16 14 1/2 1,737,200
12/09/97 15 3/8 15 1/2 15 11/16 15 2,170,100
12/08/97 15 9/16 15 9/16 15 3/4 15 3/8 1,192,700
12/05/97 15 13/16 15 9/16 16 15 9/16 1,977,400
12/04/97 15 5/8 16 16 15 5/8 1,782,500