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

To: johnd who wrote (47999)7/18/2000 6:37:20 PM
From: DiViT  Read Replies (1) | Respond to of 74651
 
Re: Buyback. I listened to the conference call. They acknowledged that the Visio waiting period is over and that they are eligible to buy back now. However, they said that they have "no plans to buy back at this time".

This was stated twice during the call.

You can listen to the call here (JC can't <g>).
www3.vcall.com



To: johnd who wrote (47999)7/18/2000 6:41:23 PM
From: Charles Tutt  Respond to of 74651
 
Let's see. Over the year, cash went up about $6.5 B and basic shares outstanding went up about 160 million. Buying in those 160 million shares at $75/share would cost about $12 B. Maybe they don't want to deplete cash/share?

JMHO.


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