Judge speeds up schedule in Apple versus Einhorn case

Comments (3)
Burns0011 wrote:

Greed, basically.

Feb 11, 2013 5:16pm EST  --  Report as abuse
Bunker555 wrote:

Great blog piece on Einhorn’s logic:

Bottom line: If Apple’s share were trading at fair value today (let’s say, at $450/share) and each Apple shareholder were granted a preferred share, with a preferred dividend of 4% and face value of $100, here is what the shareholders will end up holding tomorrow: a common stock with a value of $350 and a preferred share with a value of $100.

http://aswathdamodaran.blogspot.com/2013/02/financial-alchemy-david-einhorns-value.html

Feb 11, 2013 11:35pm EST  --  Report as abuse
Bunker555 wrote:

Great blog piece on Einhorn’s logic:

Bottom line: If Apple’s share were trading at fair value today (let’s say, at $450/share) and each Apple shareholder were granted a preferred share, with a preferred dividend of 4% and face value of $100, here is what the shareholders will end up holding tomorrow: a common stock with a value of $350 and a preferred share with a value of $100.

http://aswathdamodaran.blogspot.com/2013/02/financial-alchemy-david-einhorns-value.html

Feb 11, 2013 11:35pm EST  --  Report as abuse
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