VOL. XL

No. 14

7-April-1997

SAUDI ARABIA

Prince al-Walid Buys 5% Of Apple Computers

Prince al-Walid ibn Talal of Saudi Arabia said on 2 March that hehad acquired "over 5%" of Apple Computers Inc. after buying the shares on theopen market over the past few weeks for a total of $115mn. Prince al-Walid said that after"following the technology industry closely for quite some time, and Apple inparticular for a number of months, I believe there is serious potential for Apple toprovide large...