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Technology Stocks : How high will Microsoft fly?
MSFT 472.22-1.3%Nov 21 9:30 AM EST

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To: Just_Observing who wrote (43598)4/27/2000 2:56:00 AM
From: Jacob Snyder  Read Replies (2) of 74651
 
re: buying back stock:

If the company buys back a lot of stock, while that stock is near the lowest PE of the last 3 years, that is good for existing shareholders. My shares represent a larger fractional ownership of the future income stream, with every share they buy back now.

I wonder if the 70M options just granted is instead of the routine yearly options to be granted in July 2000.
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