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

To: mark silvers who wrote (24548)	5/4/1999 11:39:00 AM
From: Eric Yang	Respond to of 213182

"Apple to sell 1/3 of it's stake in ARM Holdings. " Hi Mark, Apple has sold off shares of ARM on a regular basis since its IPO and is expected to continue to do so in the future. However from where have you heard that Apple will sell off another 1/3 of its holding? Please let me know so I can double check the story and do some calculations. Just to make sure this isn't simply a mix up with previous divestment, here is a brief summary of events regarding ARM. Apple had about 12.1 mil shares of ARM following IPO on April 17th 1998. Sold about 3 mil shares of ARM on Oct. 17, 1998 Sold about 2 mil shares of ARM on Jan 26, 1999 4 for 1 stock split on April 20, 1999. By the way ARM trades in the US in the form of ADS under the symbol ARMHY. One ARMHY is equivalent to 3 shares of ARM that trades in London.