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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: William Hunt who wrote (27132)	7/22/1999 4:39:00 PM
From: Normandi	Respond to of 74651

WH. Aug..lowest price within the month. Cheers Norm

To: William Hunt who wrote (27132)	7/22/1999 4:40:00 PM
From: RTev	Read Replies (1) \| Respond to of 74651

Does anyone know if this is review time for the employees at MSFT as far as stock options are concern ? The reviews are done. The results (including the option grants) are revealed in July, if I remember correctly.

To: William Hunt who wrote (27132)	7/22/1999 4:49:00 PM
From: Ibexx	Read Replies (1) \| Respond to of 74651

Bill, This is called "managing earnings expectations", and MSFT has employed this technique wisely -- much to the shareholders' benefits in the long run. In fact, MSFT and its CFO have never deviated from this practice in the last 10 years since I owned this stock. Relax and enjoy the long term gains, Ibexx

To: William Hunt who wrote (27132)	7/22/1999 7:34:00 PM
From: Dennis Conner	Read Replies (2) \| Respond to of 74651

< Thread ---Does anyone know if this is review time for the employees at MSFT as far as stock options are concern ? I would really like to know why the company is talking down the stock ---does not make sense since the pipeline seems to be full with Office 2000 , Windows 2000 in the fall . I am use to mutual or hedge funds manipulating a particular stock but not the company . Just asking a question ---something does not seem right> Bill--I listened to the earnings release conference call. I believe MSFT said that in the past the employee stock option price was fixed at the lowest price during the entire month of July and that this had been changed so that now the option price is set at the stock's price on July 31th. This made me suspicious (in light of the very conservative forecast) that MSFT employees might like to see the stock hit bottom on July 31.