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


To: Eric Yang who wrote (14144)5/29/1998 1:20:00 PM
From: Alomex  Respond to of 213177
 

The convertible notes will neither be converted anytime soon nor cause earnings dilution until Apple's earnings becomes significantly higher. I've done the calculation a few months ago. I'll dig it up again if I have to.

I'd be interested in looking at the figures.

It seems to me that a savvy, conservative investor should cash in their notes (or short) when the stock reaches $35 per share. This will create dilution (or resistance, respectively); just as I wrote in the message you replied to.