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


To: blankmind who wrote (21560)4/25/1999 10:11:00 AM
From: Uncle Frank  Read Replies (1) | Respond to of 74651
 
>>Per the 1998 10K, Microsoft received $538 mill for issuing put options

I never doubted Mr. Softee had a high IQ, blankmind. If you check out dell you'll find the same cash generating gambit is being played. In fact, dell made more cash from writing puts over the past few years than it did from selling computers. Bill and Michael are two brilliant operators; glad to have them both working for me <g>.

Frank