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

To: johnd who wrote (47090)6/21/2000 10:28:00 AM
From: D. Swiss  Respond to of 74651
 
John, when do we get to $120? When MSFT concedes (again) that PC demand is strong and they blast away expectations?

:o)

Drew



To: johnd who wrote (47090)6/21/2000 10:35:00 AM
From: Jordan A. Sheridan  Read Replies (2) | Respond to of 74651
 
Johnd;

I am not familiar with the details of Mr. Allen's portfolio, but one thing to remember when making statements like "This doesn't show great confidence in MSFT's prospects." is that there is a good chance that what Mr. Allen is doing is exercising options, which do expire at various intervals. That, combined with the fact that he has many other projects(and sports teams!) on the go, make it hard for me to believe that his sale of stock has anything to do with Microsoft's prospects.

Regards;
Jordan



To: johnd who wrote (47090)6/21/2000 10:44:00 AM
From: Insitu  Read Replies (1) | Respond to of 74651
 
johnd--The stock looks fabulous today. As a separate matter, I do think it is significant that Paul Allen has sold at least 44 million shares in the last 4 months. It is a much faster pace than before. And some were sold at $100.


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