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Technology Stocks : 3DFX
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To: Chip Anderson who wrote (4429)6/19/1998 1:47:00 PM
From: benwood  Read Replies (1) of 16960
 
Bill Gates used to own 40% of Microsoft. Now he owns something like 23%, meaning he's sold off over 42% of HIS holdings in one of the fastest growing companies in history. Guess he wanted to diversify, plus pay for his little house and other ventures. Insider sales don't necessarily mean much, especially when they get a fresh supply of options each year (don't know if this is true for TDFX execs or not).
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