On Wednesday, April 10, 2002, at 08:21 PM, Kai Seay wrote:
>>> That's just the point. $150 million invested in a company with a $6
>>> billion market cap is peanuts. Calling that "buying the company and
>>> saving
>>> it" is just silly.
>>>
>>> the pickle
> Hi Pickle
> I read recently that steve Jobs amassed an enormous personal fortune and
> then bought Pixar. Then he let Bill Gates buy Apple.
> How ya been, anyway?
Where did that spring from. Anyhow Microsoft didn't save Apple they paid
them off to stop them taking them to court (again) over the Quicktime
issues with Windows. Apple's annual turnover, even then, makes $150
million look stupid. Not to mention Gates dumped all the $150 million of
stock at once in 2000 and single handedly devalued Apple's share price
by a fair margin, which made the investors and share holders grin for
sure :(.
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