PSFT - Fiscal 1998 - Discussion for the next year Message Board

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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year

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Oct 29 5:00 PM EST

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To: Melissa McAuliffe who wrote (2052)	9/2/1998 5:12:00 PM
From: Tom_	of 4509

Melissa... About Thursday's conference call. IMO you are correct, there will be no earnings warning. I was concerned about the way the news about the conference call got out (ie, analysts knowing on Friday, but not us ordinary investors) so I e-mailed PSFT investor relations. Per IR's prompt and courteous reply: "there will be nothing material presented in this call" and that's why the news was not publicly disseminated. An earnings warning (or MSFT <g>) = material. IMHO. I remain concerned about the way PSFT handled this and am waiting for a further clarification from them. Will it be "old boy network, business-as-usual" into infinity and beyond, or will ethical companies strive to give everyone an even playing field? Now, perhaps, we know more about why PSFT beat the crash on Monday and sailed on Tuesday. And also, (news out/sell), perhaps, why it went down today. Tom PS: David: ditto for a stock buyback. It would be "material," IMO.

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