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

To: LindyBill who wrote (21404)	4/23/1999 10:37:00 AM
From: Teflon	Read Replies (3) \| Respond to of 74651

I think they have the $$$, and more importantly the currency (MSFT stock), to do both, LindyBill. MSFT will continue to buy back their shares. That's a given. But the real action lies out beyond property lines of Redmond. And all those shares they buy back are essentially Treasury Stock which MSFT can use as currency in a deal. So you see, it doesn't effect MSFT's ability to buy anyone if MSFT decides to buy back more stock than normal. In fact, it may be a leading indicator that MSFT is planning on acquiring somebody or something large if they are buying back more shares than normal. Just my opinion. I do not have any information. Teflon