The Mudcat Café TM
Thread #99910   Message #1997020
Posted By: Donuel
14-Mar-07 - 08:17 PM
Thread Name: BS: I need a good lawyer
Subject: RE: BS: I need a good lawyer
Thanks Joe,

ITs Apple, I said Macintosh computer to clarify and not muddle.

When I say cash in I mean sell.

They were stocks and not bonds.

My mother bought the first offering right after they bought the first Macintosh word processor. NYS Comptroller office had the original stocks with the date on them.

I am not certain of the precise date since I was never shown the stocks. But I knew of their exixtence back in the seventies.

I am certain that the stock has split 4 times (Doubling each time) since it was first issued. For example if there were 5 stocks, after 4 splits there would be(10, 20 40...) 80!.

If NYS gave them to a broker to sell, they must have known the stock had doubled after each split. I don't know if they pocketed the money. All I know is that they sold them without permission after holding them 8 years