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Coulda Shoulda Woulda (9/10/98)
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Still kicking yourself because you didn't buy Apple stock at $13 a share last year? After all, even after the market turbulence lately, it's still up over $36 now-- an investment of $1000 would have raised more than enough money for an iMac and some peripherals. Well, cheer up-- it could be worse. You could be kicking yourself because you didn't buy the whole company at $13 a share. In a CNET article, Larry Ellison-- Oracle CEO, Apple boardmember, and Steve Jobs' best friend-- sounds a little regretful as he explains why he didn't make the move.
Longtime Applewatchers may remember Larry's "trial balloon" way back in March of last year, when he set up an email address asking people whether they thought Apple could benefit from new management. Nothing came of those public takeover rumblings, though we never heard why. Now Larry's explained the rationale for his decision: his lawyers told him that he "knew too much;" due to his friendship with Steve Jobs, the Justice Department would be all over him for insider trading reasons. Like most relatively sane men, Larry decided that few things in life are really worth pursuing when they involve massive and lengthy legal entanglements-- especially with government lawyers.
Not that things worked out poorly for Larry; after Steve Jobs pulled off his little boardroom coup, he made sure that Larry was a member of the new board of directors. And since he claims that Jobs isn't planning on leaving his interim CEO position anytime soon, Larry can be involved in Apple's direction for a long time to come. But Larry, where oh where are those Oracle Mac applications you promised us?
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And Now For A Word From Our Sponsors |
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 | | The above scene was taken from the 9/10/98 episode: September 10, 1998: Sure, maybe you missed your chance to buy Apple stock at $13 a share, but Larry Ellison's got more to cry about. Meanwhile, Microsoft tries to deflect attention from its anticompetitive practices by pointing the finger at other companies, including Apple, even while Digital Equipment Corporation execs tell how Bill Gates himself forced the death of a cool NC-based product...
Other scenes from that episode: 1003: Deflector Shields Up (9/10/98) Oh, this is rich... "Redmond Justice" is heating up again, as Microsoft fashions its latest defense strategy in the face of the impending trial. Apparently the tactic du jour is to show-- get this-- that other companies have banded together to engage in anticompetitive practices against them.... 1004: The Sound of Squelching (9/10/98) And in further Microsoft news, Digital Equipment Corporation is the latest to get in line to say that the Redmond Giant squelched a potentially competing product. Five DEC execs are claiming that Bill Gates personally strongarmed their company into cancelling a promising Internet product, by threatening to cancel Microsoft's development of Windows NT for DEC's processors...
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