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Technology Stocks : How high will Microsoft fly?
MSFT 483.03+0.5%3:59 PM EST

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To: Josh Carroll who wrote (30222)9/27/1999 8:05:00 PM
From: codawg   of 74651
 
As a stock holder in MSFT, you may not get shares in the spin-off, but you do get two other things:

1) The money Microsoft gets from selling the shares through an IPO becomes cash for the company.

2) MSFT will retain a significant number of shares in the new public company. If the stock soars, then so will their investment.

Both of these create wealth for the MSFT shareholder. If Expedia goes up then your shares in MSFT will increase in value (at least all other things being equal).
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