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

To: J R KARY who wrote (24986)	5/27/1999 1:30:00 PM
From: Jonathan Bird	Read Replies (1) \| Respond to of 213182

Jon what share price affects do you anticipate from the 6/1/99 Note call I don't anticipate any perceivable effects, eg. there will not be a flood of shares for sale. But this is NOT because I think a major portion of the bonds are shorted against. I don't doubt that some are. But I think it is a small portion. Rather, I am supportive of the notion that the majority of the bonds have made their way into the hands of those that are comfortable holding the stock. I am however anticipating a coincidental decrease in short interest for the next few months as we near the P1 intro and as it is(hopefully) well received, and as AAPL becomes less of a comeback story. Jon Bird