Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lizzie Tudor who wrote (51759)	10/20/2000 12:56:24 AM
From: David Howe	Respond to of 74651

Lizzie, << Did anybody get any resolution on that issue brought up here in the past... that msft has sold puts when the stock was at higher levels and may have to pay for that mistake? >> So they get the stock put to them. Big deal, they want to buy more stock anyway. Or, if it's more stock then they want, they can just pay the delta. The total delta is insignificant relative to their total cash position. Besides, the expiration dates are from now until 2003 and it looks likely to me that the stock will be above the strike price for the most part. Today was a good start. The puts issue is not significant, IMO. Especially if they bet correctly and the stock is at $70 or higher. Dave