Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: ed who wrote (31325)	10/29/1999 2:29:00 AM
From: Charles Tutt	Read Replies (2) \| Respond to of 74651

Funny you should say that. I was just looking at some balance sheet info on Microsoft: yahoo.marketguide.com As I read the info presented there, it looks like in the two year period ending 6/99, Microsoft's shares outstanding went up by about 293,000,000 shares. In about 104 weeks. So about 2,800,000 new MSFT shares enter the market per week on average. That's about $253,000,000 per WEEK at current prices. Or about $13 BILLION per year -- far greater than their earnings. Correct me if I'm wrong, but it looks to me like the software business is an aside to the real activity, which is selling stock. I don't understand how MSFT can possibly rise much higher with that kind of thing going on. You don't need a split -- you need to stop the printing presses. But that's JMHO, and neither investment nor legal advice. Flame retardant suit is now in place.