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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: Scott C. Lemon who wrote (28111)9/14/1999 9:14:00 PM
From: Frederick Smart  Read Replies (2) of 42771
 
Comment About Microsoft's Financial Practices....

>>I had heard a number of times about rumblings with respect to Microsoft and their stock options. It now appears that this gentleman has put together quite a web site, and SEC actions, against Microsoft ...

Interesting that these charges are based on corporate handling of stock options and the monies involved in the exercise of options ... a recent subject of discussion here ...

Anyone care to read and comment?>>

Scott:

This thing has been brewing for some time.

Two weeks ago Microsoft executed some of the largest put option trades recorded in financial history - chosing to do so here in Chicago instead of elsewhere. In line with what Bill Parrish's theory, they were a massive seller of put options.

The fact remains, just as with the banks buying and selling favors in Washington in the Savings & Loan debacle, Microsoft has the power to buy and sell Wall Street. The street has made a ton of money playing along, but just like their other practices, this game will eventually be exposed.

Truth has more power than any and all the money and value put together inside Microsoft. Gates et. al preside over a house of cards.

When you add up the entire record, you can see common threads in the actions of monopolists who abuse their power willfully and aggressively. Unethical behavior is based on an intent to take energy and abuse the trust of others.

Exposure of this fraud will eventually cause the energy and trust from this well to tap out.

And here's the real kicker. The many many thousands upon thousands of put option contracts sold will end up as unpaid liabilities for I don't think the SEC will allow Microsoft to print paper to satisfy these claims.

All this stuff makes for quite a dramatic storyline.

Novell, by comparison, looks better and better.

Peace.

GO!!
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