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Technology Stocks : How high will Microsoft fly?
MSFT 503.37-1.6%Nov 13 3:59 PM EST

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To: johnd who wrote (43081)4/24/2000 11:12:00 AM
From: Insitu  Read Replies (1) of 74651
 
I still don't understand the put warrants. Why does the Board need to approve it now? If they sold put warrants, the other party will make the choice whether to put 161 million shares to MSFT. The Board has no choice but to pay 12 Billion of its cash to buy the shares. Am I missing something??
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