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Hi,

I just got my proxy from MSFT that just has one proposal; the one to split the shares two for one - BUT- the proposal reads:

"1- proposal to approve an ammendment to the company's articles of incorporation to increase the number of shares of authorizedd common stock from 4,000,000,000 to 12,000,000,000 and to halve the par value of each share from $.000025 to $.0000125."

Please correct me if I'm wrong, but last time I checked, 2 times 4,000,000,000 equaled 8,000,000,000.

Is Microsoft getting ready to dilute the shares to pay for:

A) The antitrust trial

B) The delay of Win 2000

C) Lots o' Stock options

D) All of the above?

Any thoughts anyone?

Thanks,

Lisa
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