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To: Phillip C. Lee who wrote (8067)	1/29/1998 6:01:00 PM
From: J R KARY	Respond to of 213173

Phil if "Talking Stick" gave us correct info Jobs "stole" Power TS (unusual name) states there are registration restrictions on the $100 mln stock so we may see only a hit to pay Power's A/R loan ($5-7 mln) AAPL 4Q97 set aside $50 mnl for Power's take out and TS seems to indicate nothing additional ($25 mln) was paid for Power's assets . Power's asset auction was today . If Power stock restrictions exist and if the asset payment is over , Larry Ellison is correct in believing S. Jobs is "El CEO Supremo" . If not , there are more and bigger (up to $25 mln) hits coming . Jim K.