21.  They chase down hot companies based on tips they get from other Microsoft executives.

22.  They consider it part of their job to stay on top of hot companies before they go public.

23.  To select stocks, he looks for what is cheap, instead of hot companies with rapid earnings growth.

24.  Unlike some hot companies that only want to grow, id strives to stay small.

25.  Stocks advanced strongly Monday as Microsoft and a growing array of hot Internet companies rocketed the Nasdaq to a new record high.