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


To: Harvey Allen who wrote (45032)5/22/2000 6:30:00 AM
From: Ibexx  Read Replies (1) | Respond to of 74651
 
Harvey,

Re. the strike price of MSFT's short put

I'd be extremely interested in knowing the source of this information if you could share it.

I have sold MSFT puts in the past periodically, always wondering how the company placed its bets.

Thanks in advance,
Ibexx

PS: a PM, if appropriate, would be greatly appreciated.



To: Harvey Allen who wrote (45032)5/22/2000 8:28:00 AM
From: rudedog  Respond to of 74651
 
Harvey - after some discussion on this thread I came to understand that MSFT can satisfy these warrants through stock, rather than cash, which means that there would be little balance sheet impact if they choose that route. There would, of course, be a dilutive effect, just as there is from ESOP. But the cost in cash terms would not be $12B or $2B or any other number of billions.