[Am-info] Gates Sells 7% Of Microsoft Holdings, Buys Into Health Care

[Fred A. Miller]

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Gates Sells 7% Of Microsoft Holdings, Buys Into Health Care

Bill Gates has seen the future, and in his investing opinion,=20
it's health care. At least that's what recent public filings by=20
Microsoft may indicate. The software company's chairman has=20
unloaded 9 million Microsoft shares--valued at more than $463=20
million--since the beginning of August. That includes 2 million=20
shares he sold this week, according to a Securities and Exchange=20
Commission document. As of June, Gates held 660 million Microsoft=20
shares.

At the same time, Gates, widely heralded as a trend-predicting=20
savant, has been loading up on biomedical and health-care stocks.=20
In the second quarter, he bought 2.6 million shares of=20
Prozac-maker Eli Lilly. He also acquired 1.3 million shares of=20
Merck and 1.2 million shares of Pfizer.

Microsoft has been vexed by ongoing antitrust and consumer=20
litigation and a rash of Windows security flaws that has forced=20
the company to issue patches regularly. Company representatives=20
weren't available Thursday for comment. - Paul McDougall

For some background on Gates' investing habits, read:
Gates Selling 1 Million (Of His 661M) Microsoft Shares
http://update.informationweek.com/cgi-bin4/flo?y=3DeImu0Bce7K0V20BeaS0A4

Gates Opens Stake In Home Depot
http://update.informationweek.com/cgi-bin4/flo?y=3DeImu0Bce7K0V20BhrW0AT

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Fred A. Miller
Systems Administrator
Cornell Univ. Press Services
fm@cupserv.org, www.cupserv.org
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