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


To: MeDroogies who wrote (21400)12/24/1998 12:53:00 AM
From: soup  Respond to of 213173
 
I know I don't get this but ...

Why is RealNetwork valued at $41 dollars per share ...

biz.yahoo.com

...when AAPL has the same/better product in QuickTime 4.0 and is still pushing $40?

Can you spell s-p-i-n-o-f-f?



To: MeDroogies who wrote (21400)12/24/1998 12:54:00 AM
From: soup  Read Replies (1) | Respond to of 213173
 
From AAPL's 10-Q.

NOTE 6--SHAREHOLDERS' EQUITY - PREFERRED STOCK

>In August 1997, the Company and Microsoft Corporation (Microsoft)
entered into patent cross licensing and technology agreements. In
addition, Microsoft purchased 150,000 shares of Apple Series "A'
non-voting convertible preferred stock ("preferred stock") for $150
million. Except under limited circumstances, the shares of preferred
stock may not be sold by Microsoft prior to August 5, 2000. Upon any
sale of the preferred stock by Microsoft, the shares will automatically
be converted into shares of Apple common stock at a conversion price
of $16.50 per share and the shares can be converted at Microsoft's
option at such price after August 5, 2000. *Each share of preferred
stock is entitled to receive, if and when declared by the Company's
Board of Directors, a dividend of $30.00 per share per annum, payable
in preference to any dividend on the Company's common stock, plus, if
the dividends per share paid on the common stock are greater than
the dividends per share paid on the preferred stock on an "as if
converted" basis, then the Board of Directors shall declare an
additional dividend such that the dividends per share paid on the
preferred stock on an "as if converted" basis, shall equal the dividends
per share paid on the common stock.* <

sec.yahoo.com

Would someone please translate the above *section* into English?

I think it means that AAPL could buy out MSFT's shares for $4.5 million
special "dividend" at its discretion. Yes?



To: MeDroogies who wrote (21400)12/24/1998 1:04:00 AM
From: soup  Respond to of 213173
 
The future according to Mr. Morgan.

>Consider this as a potential environment: If someone takes a Yosemite
box in a server configuration, or turns one of them into a server, they
can set up an entire networked environment for a lot less than they
could do so otherwise. And it would enable them to network $500
Macs, P1/WebMates, MacMates, iMacs, PowerBooks, Macs, PCs, etc.
And while it is Mr. Jobs' dream of having an iMac in every room, it is
more plausible that in future home environments it will be $500 Macs in
every room that are also connected to a server that is connected to
the Internet.<

macweek.zdnet.com



To: MeDroogies who wrote (21400)12/24/1998 8:35:00 AM
From: Sam Scrutchins  Respond to of 213173
 
what puts in particular did you buy?

For very shortterm plays, I always buy options either in the money or just out of the money. From my perspective, the less the amount of time value that needs to disappear, the better. Consequently, I got the Jan 40 puts. The Jan 42.5 or 45 puts would have been purer plays, but the risk is greater and the percentage gain potential begins to decline dramatically. Besides, they cost a lot more money.

Sam