Technology Stocks : Apple Inc.


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To: Mike Connolly who wrote (24950)5/25/1999 12:10:00 PM
From: Eric Yang of 154123
 
"Shorted shares of 18M indicates at the very least 4.6M shares (of the 22.6M to be converted) haven't been shorted -- probably higher, since not all of the existing shorts are likely to be noteholders."

May short interest should be out this morning. Anyone has a copy of WSJ?

I'm not really sure Mike. Some of those who hold the notes like Fidelity also owns AAPL shares so they might simply decide to hold on to the converted shares as they do with the existing shares.

Eric
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