SI
SI
discoversearch

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: Alomex who wrote (17371)8/28/1998 11:45:00 AM
From: Zen Dollar Round  Respond to of 213173
 
I sure hope he does. It was that kind of foolish attitude that made
Apple spurn a $45 dollar a share offer from IBM.

Three years later we have not reached those $45 per share again. If I were Jobs I would demand a 25% premium over closing and declare victory.


Jobs is never going to sell his baby to another company, and why should he? At the time IBM made the offer, Apple was heading downhill and they all knew it. Jobs had no part in that Apple. Now that he's turning the company around, prospects for growth are better than they have been in many years.

It would be interesting to know how different things might be now if Jobs had won that boardroom battle with Sculley, and Sculley was the one forced to leave. Perhaps the lessons Jobs has learned since have made him a better businessman, but I doubt he'd have let Apple get so bad in the first place.

I say keep Apple independent of any other slow-footed, Big Brother companies like IBM, and run it like Jobs is doing now. Partnerships good, sellout bad.