The feasibility of studying the hadronic structure of the photon in the process γγ→high- p Tjets+X at e +e − colliders with √ s≅ M z using no-tag experiments is studied. It is shown that at least on the parton level the background from annihilation multijet events with one or more jets in the forward/backward direction can be removed by cutting on the angle and p T balance of the high- p T jets, at least in the region of small invariant mass of the high- p T jets, M jj⪅20−25 GeV, where the signal is sizeable. Hadronization effects are expected to be small if one restricts oneself to the region M jj ⪆10 GeV .