Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: H James Morris who wrote (55889)	5/7/1999 3:36:00 AM
From: KeepItSimple	Read Replies (1) \| Respond to of 164684

I can cut and paste just fine. For example: Microsoft chief executive Bill Gates has sold more than 7 million Microsoft shares for more than $600 million in a move to diversify his portfolio, Microsoft said today. QUOTE SNAPSHOT May 6, 1999, 1:01 p.m. PT Microsoft Corp. MSFT 77.9375 -1.1875 -1.50% by symbol by name > more from CNET Investor Quotes delayed 20+ minutes He also plans to sell 3 million more shares, which would get him about $260 million, an SEC filing showed. Gates, considered the world's richest man, unloaded a total of six million shares on April 23 and 26, according to recent filings he made with the Securities and Exchange Commission. Prior to those sales, he disposed of 1.35 million shares on January 26, the documents showed. A Microsoft spokesman said that Gates was selling the shares for routine portfolio diversification, the same reason cited by the company when Gates has sold Microsoft shares in the past. In addition, two Gates foundations--the William H. Gates Foundation and the Gates Learning Foundation--collectively sold 52 million Microsoft shares from January 27 through February 22 for about $4.3 billion. Gates established the William H. Gates Foundation about four years ago to focus on world health, population, and education issues. The other foundation helps libraries in poor areas gain access to computer equipment and the Internet. The 43-year-old Gates, who has been making his mark as a philanthropist with huge financial donations, has said he plans to give away most of his vast fortune before he dies. His Microsoft stake alone, nearly one billion shares, is worth some $79 billion. Microsoft's stock price was unchanged at $79.125 in afternoon Nasdaq trading.