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


To: Ryan Hess who wrote (48016)7/18/2000 8:44:54 PM
From: Stephen O  Read Replies (1) | Respond to of 74651
 
How many shares did MSFT buyback as a result of PUT options being exercised?



To: Ryan Hess who wrote (48016)7/18/2000 8:47:38 PM
From: alydar  Read Replies (1) | Respond to of 74651
 
Remember, Paul Allen sold his shares in the high 60's. You know he has freinds at MSFT. Maybe not BG. I would take Allen's buy/sell recommendation over anyones. His was not an ordinary withdrawl either. It was, I believe, for over two billion dollars. I guess he thought he could get a higher return elsewhere. Hum.

JMO, Bob.



To: Ryan Hess who wrote (48016)7/18/2000 9:44:36 PM
From: The Duke of URLĀ©  Read Replies (1) | Respond to of 74651
 
Rudolf:

The MS stock repurchase initiatives are not comparable to Warren's discussion in 1999. Warren is talking about opportunity costs, and Berkshire Hathaway does not have a stock bonus plan (although Geico, Gen Re and other divisions did).

The MS buy-back plan is to offset its stock bonus plan for tax reasons, it is not an acquisitions company like Berkshire, it does not test its stock as such for alternative investment purposes AND his name is spelled "Buffett" not Buffet.

Asside from that, your pretty much correct. :)