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Technology Stocks : How high will Microsoft fly?
MSFT 472.22-1.3%Nov 21 3:59 PM EST

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To: Ibexx who wrote (6468)5/5/1998 12:49:00 PM
From: Logos  Read Replies (2) of 74651
 
Microsoft's Puts

I've occasionally heard about Microsoft selling a lot of puts, and they certainly sometimes act as if they're trying to slow the stock's rise, but is this really true or the imaginings of people (like me) with big long positions? Also, do other big companies also play the unannounced revenue and put-selling game, or is this a Microsoft specialty? IBM and Intel don't seem to do this, instead, they have large stock buy-back programs going on. Thanks.

Haz
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