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


To: Phillip C. Lee who wrote (8014)1/28/1998 12:19:00 AM
From: J R KARY  Read Replies (2) | Respond to of 213173
 
Power CC sells off last Mac products - accepted AAPL's $125 mln

Power now owns $100 mln of AAPL stock priced at $16.25/shr and will conduct a left over inventory auction :

austin360.com

According to the OS license buy-out terms , Power must now repay AAPL most of the $25 mln AAPL loaned Power in September .

Power also rec'd $25 mln (cash) for selling certain assets to AAPL .

Jim K.



To: Phillip C. Lee who wrote (8014)1/28/1998 4:56:00 PM
From: Edward Boghosian  Read Replies (1) | Respond to of 213173
 
Phil:

I haven't check price today but I wouldn't be surprise if Apple doesn't go below 19 maybe down to 17 range. If I believe in what I say then I would be a bit buyer.

Ed.