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Technology Stocks : How high will Microsoft fly?
MSFT 468.45-1.2%10:10 AM EST

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To: t2 who wrote (19629)4/3/1999 8:59:00 AM
From: blankmind  Read Replies (1) of 74651
 
Amazingly, MSFT makes about $350 mill a quarter on selling puts.

- I'm glad they do this. And it works out.

- to me, it's like selling insurance to mutual fund managers. So if the price of MSFT tanks, they have their downsides covered

- and it's a boon to MSFT - who pockets all the premiums & doesn't pay out a dime in insured losses

- To me, this is a much bigger racket than the browser wars.
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