How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 476.93

+0.6%

Nov 25 3:59 PM EST

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To: Sir Francis Drake who wrote (19603)	4/2/1999 9:06:00 PM
From: Deliveryman	Read Replies (1) of 74651

Oops, you assume the same number of shares outstanding. Do the math with MSFT starting to do stock buybacks. They have the cash, and will get good advice to do this. Oh Oh... suddenly if managed right, IT IS POSSIBLE! They haven't done stock buybacks yet, but so far there has been no reason to do so. MSFT uses the ever increasing stock price to buy companies, and hire the best people. They need the price of the stock to continue, and will do all they can legally to keep it in motion... No one needs it to double every year, every 18 months will be fine.

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