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December 7, 1997updated 01 Sep 2016 4:43pm

MICROSOFT STAFF BECOME STOCK MILLIONAIRES

By CBR Staff Writer

Thanks a million, Bill. Latest estimates suggest that Microsoft Corp’s staff have, on average, stock options worth $1m each. According to the Herald Tribune, Microsoft had 259 million options outstanding at a price of $41.89 a share while the shares are now around the $141 level, which works out at a paper profit of $25.8bn for the company’s 24,000 workforce.

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