Re: Press release #1

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Article #1072

#1072

From: BMUG
Date: Fri, 07 Jul 1989 16:09

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In article <8126@bsu-cs.bsu.edu> mithomas@bsu-cs.bsu.edu (Michael Thomas Niehaus) quotes an AppleLink news release:
(stuff deleted about Apple selling all of its Adobe stock)
>Apple acquired the shares in November 1984
>at an aggregrate price of approximately $2.5 million,
>in connection with a product development arrangement
>between the companies.  Based on the price of Adobe
>Stock on June 30, 1989, the shares have a current
>value of approximately $91 million.

A tidy profit.  OK, so if you were Apple Computer, with $91 million to
spend, what would you do with the money?  We all know it would be neat
to extend Mac warranties to five years, etc., but let's be real.

For instance, what company would you buy, and why?  Or would you sink
all of it into R&D?  Or should Apple purchase the site of Club Med
in CanCun for its tired and weary employees?

If you have an insightful or witty suggestion, reply via email and
I'll provide a short summary, depending on the aggregate replies and
interest.

John Heckendorn
                                                             /\
BMUG                      ARPA: bmug@garnet.berkeley.EDU    A__A
1442A Walnut St., #62     BITNET: bmug@ucbgarne             |()|
Berkeley, CA  94709       Phone: (415) 549-2684             |  |

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From: bmug@garnet.berkeley.edu (BMUG)
Newsgroups: comp.sys.mac
Subject: Re: Press release #1
Keywords: Appe Adobe
Message-ID: <26092@agate.BERKELEY.EDU>
Date: 7 Jul 89 16:09:02 GMT
References: <8126@bsu-cs.bsu.edu>
Sender: usenet@agate.BERKELEY.EDU
Reply-To: bmug@garnet.berkeley.edu (BMUG)
Organization: University of California, Berkeley
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