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

To: Alomex who wrote (8488)	2/13/1998 10:59:00 AM
From: J R KARY	Read Replies (1) \| Respond to of 213177

Good point Alomex but didn't AAPL add to its cash 1Q 98 Think it was a sizeable addition - about $140 mln ? What should not be overlooked is that AAPL keeps stressing its S,G & A costs are down . Soup posted earlier about large shareholders buying at $15 to sell at $20 - these may be "early" converting bondholders who will "deal" AAPL shares and realize much more than their promised $28/shr . IMO they are insiders , their trades will be hardly noticeable and actually produce a benefit to shareholders by reducing bond debt service . Jim K. PS: Your observation was: "you have to subtract debts ...AAPL has something like $3-5 per share. "