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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: If only I'd held who wrote (98090)	4/17/2000 6:41:00 PM
From: 2MAR$	Read Replies (1) \| Respond to of 108040

How's this for timing------>: Microsoft's Allen Sold $24M Shares SEATTLE, Apr 17, 2000 (AP Online via COMTEX) -- Billionaire Paul Allen, co-founder of Microsoft Corp., sold 24 million Microsoft shares last month in a transaction worth about $2.26 billion. Allen sold his shares in the first week of March at prices ranging from $90 to $98.44, according to a filing with the U.S. Securities and Exchange Commission. The value of Microsoft shares plummeted April 3, when a federal judge ruled that the company had repeatedly broken federal and state antitrust laws. The share price hit a 52-week low on Friday, but finished regular trading Monday at $75.87 1/2, up $1.75, on the Nasdaq Stock Market. Had Allen waited until Monday to sell, he would have gained only $1.82 billion. Allen spokeswoman Susan Pierson-Brown said the sale was a routine part of Allen's ongoing plan to diversify his holdings. Allen is one of the world's richest men, with estimated holdings of $46 billion as of last September, according to Forbes magazine. Copyright 2000 Associated Press, All rights reserved. -0-