How high will Microsoft fly? Message Board

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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: t2 who wrote (27236)	7/24/1999 12:31:00 AM
From: ericneu	Read Replies (1) of 74651

If it is true that the lowest price in the months of July and August is what the employee options are based upon (i wish someone could confirm it as fact), then it is reasonable to assume the company is using Y2K as a way to bring more uncertainty to earnings in the hope of getting a drop in the price. --- The strike price for grants used to be the lowest closing price during the month of July. That policy has changed, starting this year. From now on, the strike price will be the closing price on the last day of the month. I'll tell you, I'm not at all worried about whether the strike price is 85 or 105. I've learned that it's not terribly significant in the long run. - Eric

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