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Technology Stocks : MSFT Internet Explorer vs. NSCP Navigator
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To: Daniel Schuh who wrote (17334)2/9/1998 10:33:00 PM
From: damniseedemons  Read Replies (1) of 24154
 
Dan, MSFT is forced to buy back stock to cover the employee stock options. IBM's payment structure is different, however, so options coverage aren't such a huge factor. IBM is buying back stock mainly because they have the money to do so--their buybacks give Wall Street confidence in the stock (very important) as well make their EPS "growth" look better.
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