In a list of rumors he’s picked up from trading desks and other industry sources this morning, TheStreet.com’s Doug Kass drops this thermonuclear bombshell:
“Apple will announce that Steve Jobs will be taking a leave of absence from the company.”
That’s it. No other information is included. One might speculate that, if it were to occur, such a leave of absence might be due to the stock options imbroglio, a health issue (we hope not!), new venture (?), or some other unknown reason.
Doug Kass is founder and president of Seabreeze Partners Management, Inc., and the general partner and investment manager of Seabreeze Partners Short LP and Seabreeze Partners Short Offshore Fund, Ltd. Until 1996, he was senior portfolio manager at Omega Advisors, a $4 billion investment partnership. Before that he was executive senior vice president and director of institutional equities of First Albany Corporation and JW Charles/CSG. He also was a General Partner of Glickenhaus & Co., and held various positions with Putnam Management and Kidder, Peabody. Kass received his bachelor’s from Alfred University, and received a master’s of business administration in finance from the University of Pennsylvania’s Wharton School in 1972. He co-authored “Citibank: The Ralph Nader Report” with Nader and the Center for the Study of Responsive Law and currently serves as a guest host on CNBC’s “Squawk Box.”
Full article here.
I can’t imagine this to be true, but when was steve diagnosed?
according to cancerlit the survival rates for pancreatic cancer are;
20% at 1 year from diagnosis.
5% at 3 years from diagnosis
1% at 5 years from diagnosis
“It seems as if all of these negative rumor (cock roaches) mongers are comming out the wood work because they dislike Apple. He should just keep his mouth shut if can’t substantiate this BS. It’s just an attempt to create more uncertainty about Apple – he’s a dope!
Who really cares what postions he’s held or where he went to school. That dosen’t mean he knows what he’s talking about.”
someones’ getting de-fen-sive…. HAHAHAHAHAHAHAHAHA
did Denny go to sleep crying?!
don’t get me wrong, it’s a very, very sad thing if Steve is in poor health, it’s not something to be taken lightly, let alone anyone in poor health.
Just odd for a comment such as calling people cock-roaches and blaming posts on ‘Apple hate mongerers’… geez…
Yes, Yes, its true. Steve will be taking a LOA from Apple for a while.
HE and ELVIS will be visiting their home planet in the Vega sector for a year or so. (You did know that Elvis did not die, he’s just a alien and went home for a while. Since his records sold so much better after he died, he thought, “Why mess with a good thing.” After all, he still gets the royalty checks.
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So, enjoy the trip Steve.
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And thanks for all the Apples. !!! LOL
N.