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


To: saju chacko who wrote (57030)4/2/2001 6:00:42 PM
From: KeepItSimple  Read Replies (4) | Respond to of 74651
 
>you may be right i see a range between 55 and 60 until ops exp date for this mo.

microsoft has been supporting their stock by selling massive amounts of in the money puts for the last 60 days.

MSFT is the only tech stock that has not declined over the last 60 days, for one simple reason. MSFT is using its huge 20 billion cash pile to prop up its stock.

What a joke. If MSFT stopped buying its own stock, this thing would be at $20 tomorrow.