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

To: Thai Chung who wrote (33642)11/10/1999 12:27:00 PM
From: The Duke of URL©  Respond to of 74651
 
Yes, MSFT will sell you some EXPE at the opening price, but you have to sign a contract never to buy any other stock. :)))



To: Thai Chung who wrote (33642)11/10/1999 12:27:00 PM
From: Gerald Walls  Respond to of 74651
 
Duke & All _ EXPE; Just curious as a MSFT shareholder, do we have any benefits of this EXPE stk. Thanks in advance.

Only as an asset. A majority of it is owned by the company we own.



To: Thai Chung who wrote (33642)11/10/1999 12:29:00 PM
From: johnd  Read Replies (1) | Respond to of 74651
 
Benefit to MSFT shareholders from EXPE IPO:
==========================================
EXPE at 62. The benefit to us MSFT holders is MSFT's
MSFT's book value (shareholder equity) just shot up by
2 billion. This should reflect in market value of
additional 30 billion to the stock or about $6 a share
considering MSFT trades at 15 times book. Till that
is factored, the stock is available at a discount.


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