Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Marc Newman who wrote (11126)	4/13/1998 6:28:00 PM
From: Linda Kaplan	Read Replies (1) \| Respond to of 213176

Marc, It could be hidden with other money. It would be good i we could figure out the amount. Do we have two more day to run up pre-earnings announcement? Will they be released after the bell on the 15th? Linda

To: Marc Newman who wrote (11126)	4/13/1998 7:00:00 PM
From: Idomeneus	Read Replies (1) \| Respond to of 213176

Marc, Yes, the way I remember it, $300 million was the most commonly bandied-about number, although the pessimists theorized lower ($150-$200 million) and of course there were a couple "outrageous optimists" who claimed numbers closer to $1 billion. All, of course, claimed to have gotten their info through "inside sources". But if anyone out there is a betting person, $300 million would probably be your best bet. I suppose they would have to account for this somewhere in their SEC filing, but perhaps not explicitly. Could it perhaps be factored into revenues somehow? The only reason I'm curious is because I've noticed the runup in Apple's cash position (from $1.35 to $1.6 billion last reported quarter). That's a one-quarter runup of $250 million, and they only made a $47 million profit. Do you think they gained $200 million in investments alone? To my knowledge, they didn't sell anything last quarter. I suppose they could have made that much on investments, and perhaps I'm underestimating that potential. Anyway, just curious to know whether the Microsoft deal could be contributing. Paul Arthur