[Am-info] Re: MS Depositions

Paul Rickard pr@ms-bc.com
Thu, 31 Jan 2002 16:18:41 -0500


========== On 2002.01.31 11:59 AM, Mitch Stone typed: ============

>Good lord no. The suit settled in 1997 with the Microsoft investment was 
>over stolen Quicktime code. The settlement was the $150 million purchase 
>of non-voting shares (and probably more straight cash behind the scenes) 
>and amounted to nothing close to 15-20% of Apple's stock. At most 5%, 
>based on Apple's market value at the time. 

    And, going over this once again, I later read that Microsoft shorted 
the same amount of stock when it did that, so whatever happened with the 
shares they wouldn't lose (or make) a dime.



======== Paul Rickard, Editor of The Microsoft Boycott Campaign =======
--------------------------------[ Http://www.msboycott.com ]-----------

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