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

To: Dave who wrote (50205)	9/28/2000 4:14:29 PM
From: David Howe	Respond to of 74651

<< My guess (based on no evidence so you may have a different take on this) is that these balanced forces are (1) MSFT buying back shares, and (2) mutual funds dumping shares. >> My guess (also based on a minimum of evidence) is that some funds are dumping and some are buying. I believe that this is the battle that is occurring, not a battle between MSFT and funds. MSFT is probably buying back stock, but it should have a minimal effect on the trading. There are SEC rules regarding how many shares can be purchased at once (ie. 10% of daily volume and not within 1/2 hour of the open or close of trading).