MSFT Shares Stay With Me, For Now

I received in the mail a notice from Microsoft today regarding their announced share buy back plan. The offered cash price is between $22.50 to $24.75 per share and the offer will expire on August 17, 2006.

Currently I have 200 Microsoft shares, purchased in November 2004, days before their special $3 dividend distribution. Since then, the stock was traded between $24 and $28 for more than a year until it took another big hit when the earnings came out short of expectations in last April.

I don’t plan to surrender my shares in this round of share buy back. Microsoft has pushed back the release of its new operating system to early next year. I will hold on at least to that time to decide what to do with my holdings.

Related Articles You Don't Want To Miss

1. Sold MSFT, but at Probably the Worst Time
2. Loaded More Nortel Shares
3. Bought 600 Shares of Citigroup
4. Bought 125 WaMu Shares
5. P&G Shares Purchased
6. Adding P&G to My Regular Investment List and Getting Shares of Philip Morris International
7. Nortel Consolidated Its Common Shares
8. Bought 2000 Alibaba.com Shares