Apple received delisting letter from Nasdaq
Posted: Fri Aug 11, 2006 11:06 pm
It amounts to insider trading if they lied about stock grant dates. It could completely change the valuation of the company, let alone the effect of being delisted. There's a buttload of money at stake here.Michael-SW wrote:Formalities, basically. Apple has done bad things with employee stock options, but that doesn't really have anything at all to do with how the company is doing. It only means that they can't file a "clean" quarterly.

Insider trading still doesn't have fuck to do with the viability of the company or the viability of the business. They might be fined, someone might get charged or at least fired. Of course Apple won't get delisted. The stock might drop and investors will be pissed off but that still doesn't have fuck to do with the actual business, as long as Apple isn't in immediate need for more cash (which they aren't AFAIK). A company's stock price has nothing to do with the company itself when it is due to technicalities like this.DeadlyKungFu wrote: It amounts to insider trading if they lied about stock grant dates. It could completely change the valuation of the company, let alone the effect of being delisted. There's a buttload of money at stake here.
I doubt I'll ever buy an Apple product but I hope they stick around, just to annoy Bill Gates.
Actually Gates strong armed jobs into allowing him to buy 100 million dollars worth of Apple stock instead of paying directly for the lawsuits Apple won regarding Microsoft stealing parts of Apple's OS in order to design a GUI for Windows. Gates held out Office as a carrot, saying he would dump Office for the mac if he couldn't buy shares instead of just paying the court resolution. At that point Microsoft dropping Office would have killed Apple.ethios4 wrote:And in fact, Microsoft bailed Apple out in the mid-90's in exchange for developing Office, and a fe other apps, for Mac. Microsoft needs Apple, and perhaps Apple needs Microsoft?
I better learn to research more carefully...Machinesworking wrote:Actually Gates strong armed jobs into allowing him to buy 100 million dollars worth of Apple stock instead of paying directly for the lawsuits Apple won regarding Microsoft stealing parts of Apple's OS in order to design a GUI for Windows. Gates held out Office as a carrot, saying he would dump Office for the mac if he couldn't buy shares instead of just paying the court resolution. At that point Microsoft dropping Office would have killed Apple.ethios4 wrote:And in fact, Microsoft bailed Apple out in the mid-90's in exchange for developing Office, and a fe other apps, for Mac. Microsoft needs Apple, and perhaps Apple needs Microsoft?
Same sort of shit they did to Compaq in regards to threatening to not license windows 95 OEM to them if they used Netscape instead of Explorer.