[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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