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

To: Jim Lamb who wrote (30228)	9/27/1999 8:30:00 PM
From: t2	Respond to of 74651

Microsoft executive Jeff Raikes, who admitted Monday at the Banc of America Securities investment conference that 90 percent of his net worth is tied up in Microsoft stock (MSFT: news, msgs), joked that he "was a little pissed at Steve Ballmer," who talked down the worth of that holding last week by describing the stock as overvalued. I like this guy. I recall that he was an inside buyer of MSFT shares (bought lots) about a year or so ago. My understanding was that he bought in the open market. I considered it a big deal back then since his name stood out among the rest of the executives who only sold their holdings. The stock took off after that and of course due to great growth etc.