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Technology Stocks : How high will Microsoft fly?
MSFT 483.03+0.5%Dec 5 9:30 AM EST

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To: William Hunt who wrote (27132)7/22/1999 7:34:00 PM
From: Dennis Conner  Read Replies (2) of 74651
 
< Thread ---Does anyone know if this is review time for the employees at
MSFT as far as stock options are concern ? I would really like to know
why the company is talking down the stock ---does not make sense since
the pipeline seems to be full with Office 2000 , Windows 2000 in the
fall . I am use to mutual or hedge funds manipulating a particular stock
but not the company . Just asking a question ---something does not seem
right>

Bill--I listened to the earnings release conference call. I believe MSFT said that in the past the employee stock option price was fixed at the lowest price during the entire month of July and that this had been changed so that now the option price is set at the stock's price on July 31th. This made me suspicious (in light of the very conservative forecast) that MSFT employees might like to see the stock hit bottom on July 31.
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