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


To: Noda who wrote (9449)3/14/1998 9:38:00 AM
From: Bill Jackson  Respond to of 213176
 
Noda, Any group who wants to oust Jobs will do so with their candidate ready to assume the mantle.

Bill



To: Noda who wrote (9449)3/14/1998 10:07:00 AM
From: Phillip C. Lee  Respond to of 213176
 
Noda,

That's ridiculous for certain small group of investors to oust Jobs
since the price went up so nicely and the future of Apple is getting
brighter and stabler. Besides Apple, where can they buy such an
undervalued stock? Compaq, Dell, or Gateway? Well, Compaq PE is
within a reasonable range, but it has DEC to digest and created
significant inventory in last quarter. Dell and Gateway have PE of >
50, which is more than double of Apple's current PE (based on trend).
There are always black sheep in the family, but I believe the majority
of shareholders have appreciated what Jobs have accomplished for Apple
as well as for investors. If those who don't like Apple's stock, they
can easily jump the ship to others, which is purely their open
options.

Phil



To: Noda who wrote (9449)3/14/1998 11:08:00 AM
From: J R KARY  Read Replies (2) | Respond to of 213176
 
Noda the Bondholders ousting Jobs is an old rumor

Started in December when some of them converted to stock . They had been Dr. Gil's investors and the logic was to pay back Jobs .

Senor Jobs has been there and back - remember Sculley ? Dr. Gil owes $5 mln to AAPL and it is secured by his options exercisable at $26.

You know whuut ? At $26 Dr Gil's still owes AAPL mega bucks so the update goes Dr. G calmed down his bondholder friends .

At $28 the remaining bondholders are made whole and that is why we will see $28 by annual meeting time .

Now that is not the end to that rumor as the update adds that the bondholders have committed their shares to somebody out of the Blue .

Phil Lee's explanation of this is as good as it comes and AAPL's Board , picked by Jobs and in at $23/shr , would be crazy to jump ship .

The same goes for Power CC's remaining shareholders.

Hold this puppy,
Jim K.

PS: I didn't believe the rumor but I averaged my holdings down from $28/shr to slightly under $18 - My buy for 19 13/16 at 2/98 opts expir time did not execute . I will attempt a buy again this Friday .