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To: Venkie who wrote (91126)1/25/1999 10:43:00 AM
From: Mohan Marette  Respond to of 176387
 
<--OT--MSFT> MSFT Invest $500 mil in NTL No.3 cable co in UK.

Damn you got me beat,I only got 500 shares of MSFT,well a thousand after the split,oh well I'll make it up on DELL.<g>
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Microsoft to Split Stock, Invest $500 Million in NTL (Update1)

Microsoft to Split Stock, Invest $500 Million in NTL (Update1)
(Adds NTL investment in 2nd paragraph, background in 3rd and
5th. Updates stock prices.)

Redmond, Washington, Jan. 25 (Bloomberg) -- Microsoft Corp.,
the world's largest software maker, said it will split its stock
2-for-1 in March after the shares more than doubled in the past
year.

Microsoft also agreed to invest $500 million in NTL Inc.,
the U.K.'s No. 3 cable company, to speed delivery of high-speed
voice, video and Internet services in Britain and Ireland. NTL
shares surged 11 1/16 to 78 3/4 in early trading. Microsoft rose
3 3/4 to 160 and was the most-active U.S. stock.

Microsoft is benefiting as companies buy more software,
sending its fiscal second-quarter profit up a better-than-
expected 75 percent. The NTL investment, Microsoft's latest
interest in a phone or cable provider, gives the company entree
into the U.K. cable market. Both moves show Microsoft isn't being
held back by the U.S. antitrust investigation.

The split is effective March 26 for shareholders of record
March 12. It's the eighth time that Redmond, Washington-based
Microsoft has split its shares since it went public in March
1986.

Microsoft touched a record 167 3/4 Wednesday, more than
doubling from 69 5/16 on Jan. 22, 1998.

The company's last split, a 2-for-1, was on Feb. 23,
sparking a 5.2 percent jump that day. The company said as of Dec.
31, it had about 2.5 billion common shares outstanding.



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To: Venkie who wrote (91126)1/25/1999 10:45:00 AM
From: GRANOLA  Respond to of 176387
 
VENKIE: bought 500 more shares this morning at 81 1/2 :)



To: Venkie who wrote (91126)1/25/1999 2:24:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
<--OT--> Are you in a trading mood today?

If so check this out,might be couple of bucks in it up or down can't say.There is a split (3:2)in the works (declared) ex dividend date is Feb.4th. The stock dropped like a rock Fri on account of some confusion about Q4 earnings to be released next month.I might pick up a few before the day is over,I don't know if win or lose but what the heck,the only thing is one may have to hold it a few days to make any money.Oh I forgot to tell you the stock in Wind River Systems (WIND),lemme know if it is any good will ya please.

Here is a blurb from The Street.com.

Message 7470117