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Technology Stocks : How high will Microsoft fly?
MSFT 478.29-1.8%Nov 20 3:59 PM EST

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To: Dwight E. Karlsen who wrote (26514)7/18/1999 1:10:00 AM
From: ed  Read Replies (2) of 74651
 
Sure Mr DuPont can retire if he held MSFT long enough and had a holdings of more than 1MM shares after all these splits.
He may sell 200 shares a month with a total of 2400 shares per year, and at the same time his holdings continue to double after each split and his valuation continue to double after MSFT catch up the price before the split. The tax he pay annually is the profit he made from the 2400 shares he sold every year. So, why can't he retire ?
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