That’s Just A Shame
Written on December 27, 2006 by Nick Santilli and 2 people have commented
Apple’s been riding high for so long, they had to be knocked-down a peg sooner or later. News from Forbes is that some former Execs from Apple may have forged documents that would effect the stock options pay-out. While Apple is cooperating with the SEC, Steve Jobs has obtained private counsel from that provided by Apple Computer Corporation.
The stock price of Apple shares has tumbled 5% in just one day from this news. Hopefully information released in a couple weeks at MacWorld will bolster the Stocks and bring it back to an upward tilt once again.
Via TUAW
#1 NRF says:Nick -
Check the markets before you make your post… Analysts came out and said 1) the fears are overblown, and 2) Jobs has, worst case, a 5% chance of being implicated. Apple shares recovered and ended the day essentially unchanged.
You are about 8 hours behind on this story there buddy…too much eggnog perhaps?
-N
#2 Nick Santilli says:NRF - Can you really have TOO MUCH egg nog? I don’t think so.
Actually saw it pop up on my Google Finance page this afternoon when I finally got a few minutes away from work (darn paying the bills comes first). Then saw it in my TUAW feeds as well.
But good news on both points there. Thanks for sharing.