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


To: Nirmal who wrote (22140)5/5/1999 3:37:00 PM
From: RTev  Read Replies (1) | Respond to of 74651
 
Bill Gates Sold a ton of stock recently.

Gates gets a relatively small salary for a CEO, but has a very expensive lifestyle. His power bill alone on that hotel-sized house of his must take a big chunk of the salary. So he sells stock regularly. Much of what he sells is replenished with options. I don't think it means much at all when he sells.



To: Nirmal who wrote (22140)5/5/1999 6:15:00 PM
From: Michael Kucera  Read Replies (1) | Respond to of 74651
 
Re: Bill Gates Sold a ton of stock recently. Does anyone know when this happened, how much stock he filed for selling etc ??? This might have be an interesting clue as to how Bill feels about the future of MSFT. He has also made comments like .....50 years from now, Coco-cola will be around, but not MSFT. any comments ?
Gates sells around 70,000s shares a DAY thru his investment advisor. He has about 100 million shares right now. NOBODY knows what will happen 5 years from now much less 50.KO is vunerable like everybody else.



To: Nirmal who wrote (22140)5/5/1999 10:08:00 PM
From: PMS Witch  Read Replies (1) | Respond to of 74651
 
CNBC reported WHG filed to sell 5 million shares. We can only speculate if the sale has taken place or not.

WHG was recently reported as holding 1.06 BILLION shares, making his 5 million sale roughly 0.5% of his shares.

A TON to us may be small potatoes to others.

Cheerios, PW.