Re: [RUMOR] Apple for sale?

Steve Dossick (sdossick@cs.columbia.edu)
Sun, 13 Jun 1999 14:08:29 -0400

Regardless of the By-line, the argument holds water. For someone to swoop
in and buy (let's say) 50% of the outstanding shares of the company at a
moderate markup of $60/shr would cost $4.2 billion. Unlike a number of
other tech stocks, almost 70% of the outstanding shares in apple are held
by institutional investors, for whom a sale at $60 would be a tidy profit
from the current trading range.

Even more likely would be a Sony, Disney, or AOL "strategic partnership"
where they come in and pick up 10-20% of the stock and install their own
management team.
-s

--On Sunday, June 13, 1999, 10:39 AM -0700 Tim Byars <tbyars@earthlink.net>
wrote:

> Who ever posted this originally didn't include the following.
>
> The selling of Apple
>
> By Don Crabb, ZDNet News
> June 11, 1999 10:03 AM PT
>
>
>
>
> To call Don Crabb a moron is to insult morons. Search the archives for
> further reviews of Don's insane ramblings.
>
>
>
>
>
>
>
> Tim
> --
>
> If Bill Gates had a nickel for every time Windows crashed...
> oh wait, he does.
>
> <>tbyars@earthlink.net<>