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Technology Stocks : How high will Microsoft fly?
MSFT 503.39+1.3%10:02 AM EST

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To: Proud_Infidel who wrote (30074)9/24/1999 6:18:00 PM
From: Gopher Broke  Read Replies (1) of 74651
 
Ballmer was arguably creating shareholder value.

1. Kick MSFT stock price down (knowing that behind the the thin "chinese wall" there are put options sold and waiting to be exercised)
2. Through the options buy the stock at the bargain rate
3. Issue employee share options
4. Blow estimates for the quarter, restore stock prices and have your happy employees locked in with their options for another period.
It benefits your long-term shareholders at the expense of the weak hands. Doesn't sound ethical, but that's the stock market.
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