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


To: Yiota who wrote (7983)1/25/1998 3:23:00 PM
From: J R KARY  Respond to of 213173
 
"Old News" or necessary re-disclosure for Power's 1/26/98 vote ?

Power C.C. shareholders will vote on acceptance of AAPL's $100 mln stock offer , fixed at $16.25/shr , plus $25 mln in cash .

For us AAPL shareholders it is definite EPS dilution and a possible sell of approx. 6 mln AAPL shares by Power , but also much potential .

Pending dilution and exposure of a "sell" by Power is why I questioned the "intent" of Thursday's 600k block trade which was defended here as a "buy" .

Now question the "intent" of the magnitude of this "old news" as for sure Power's executives knew of it before accepting AAPL's offer .

Could opposing forces be battling for "mindshare" of AAPL's "new" shareholders ?

Jim K.