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Politics : Ask Michael Burke
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To: Thomas M. who wrote (27986)5/6/1998 12:00:00 PM
From: Mike M2  Read Replies (1) of 132070
 
Tom, I have not read the article but the number does seem rather large for MSFT so that could be the case. Look at the footnotes in MSFT and see what numbers they use. I have heard that many tech companies earnings are dramaticly reduced or turn to losses when the true cost of esops are reflected in the income stmt instead hiding on the balance sheet. Bears do not get annual reports I sold my MSFT long ago I told my otherwise very intelligent friend about this matter and he understands accounting but he is in love with MSFT and has done very well-can't argue with success and a greed stricken bull. We both bought CSCO in Jan 91 and he still has his so I look like a fool. Mike
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