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

To: Krikor who wrote (43981)	4/30/2000 6:35:00 PM
From: KevRupert	Read Replies (1) \| Respond to of 74651

Microsoft Buyback: Despite all what is being said, I don't think MSFT will buy their own shares. If that was the case, we could have a hint from the cie. Krikor: I suggest you research your position and your thoughts it little bit closer. According to the following exerpts from a CBS MarketWatch article, Microsoft has bought back over 764 million shares since 1990. That equates to an average of 69 million shares per year. What in your mind would qualify for a buyback plan? Exerpts from the article: "...Accounting rules ban Microsoft from buying back shares so close to its $1.5 billion purchase of software maker Visio, a deal based on Microsoft stock which was announced last fall. "Microsoft's absence from the market this year helps explain why the shares have behaved so dismally," the Times' financial columnist Gretchen Morgenson said. "The company is likely to come roaring back into the market on June 8." Microsoft has bought back 764 million shares since 1990."