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Technology Stocks : How high will Microsoft fly?
MSFT 478.53-1.1%3:59 PM EST
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To: Jeffrey Margolis who wrote (15)6/8/1996 10:08:00 AM
From: Richard Forsythe   of 74651
 
From what I hear Bill et al are paranoid about control and get nervous
when less than 50% of the stock is controlled by insiders. They also
have a big buyback program (although that supplies the employee
stock purchase program--they don't retire the stock.). If insiders become
net sellers, I'd expect Microsoft as a company to become net buyers
to keep control. It would be a very attractive company for someone
to buy, if they could afford it and the stock was available. There's
$7bn in the bank!!!

Richard
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