How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 488.32

-0.7%

12:19 PM EST

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To: ed who wrote (31325)	10/29/1999 2:29:00 AM
From: Charles Tutt	Read Replies (2) of 74651

Funny you should say that. I was just looking at some balance sheet info on Microsoft: yahoo.marketguide.com As I read the info presented there, it looks like in the two year period ending 6/99, Microsoft's shares outstanding went up by about 293,000,000 shares. In about 104 weeks. So about 2,800,000 new MSFT shares enter the market per week on average. That's about $253,000,000 per WEEK at current prices. Or about $13 BILLION per year -- far greater than their earnings. Correct me if I'm wrong, but it looks to me like the software business is an aside to the real activity, which is selling stock. I don't understand how MSFT can possibly rise much higher with that kind of thing going on. You don't need a split -- you need to stop the printing presses. But that's JMHO, and neither investment nor legal advice. Flame retardant suit is now in place.

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