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Technology Stocks : How high will Microsoft fly?
MSFT 488.01+2.0%11:52 AM EST

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To: Exacctnt who wrote (28986)9/1/1999 5:01:00 PM
From: t2   of 74651
 
Microsoft sells put warrants to independent third parties.

So what does the independent third party do with these put warrants?
They must somehow hit the market. I don't know the method but that street.com story certainly makes one believe that it hits the market directly or indirectly.
The 70 strike also convinces me.
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