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


To: rhet0ric who wrote (24278)4/22/1999 11:51:00 AM
From: J R KARY  Read Replies (3) | Respond to of 213177
 
I mean "trolling" to be making shares "attractive" for buying AND selling

I expect we will see rapid up an down swings as the Noteholders convert but how many of the 16 mln Note shares have been converted is unknown .

They (experienced brokerage houses) must convert by 6/1/99 or they drop to around $29/shr .

The question is will they hold them (neutral) , sell them (want it higher) or cover shorts (want it lower).

Don't trade on my expectations . I am just presenting this so you are aware of the possibility and will study the trading yourself .

What has been overlooked is AAPL's "poison pill" takeover defense expired 4/19/99 . I expect the stock to amble upwards toward a mid-July high .

Hope this helps.

Jim K.