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Politics : Ask Michael Burke

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To: gbh who wrote (43120)	1/13/1999 11:30:00 AM
From: yard_man	Read Replies (2) of 132070

Do you know what deep-in-the money means? Do you know how MSFTs put warrants sale work? We had some relevant posts here awhile back. Go back and read them -- there is a quote from MSFTs CFO on the matter. MSFTs put warrants are great in a bull market, but will cause a forced dilution of the float if there is a BK. Something you might want to keep in mind if you are long. In essence MSFT is betting your money as a shareholder that the stock will trade above a certain price for a certain amount of time. It's been a good bet so far ...

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