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Technology Stocks : How high will Microsoft fly?
MSFT 492.06+0.2%Dec 9 3:59 PM EST

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To: randmiser who wrote (25360)7/1/1999 9:55:00 AM
From: William Hunt   of 74651
 
Thread ----From the WSJ article this morning----Were the SEC to conclude that Microsoft hadn't followed proper accounting
procedures, it might force the company to restate its quarterly earnings -- an
action that would ironically lead to even higher profit figures.

Analysts said they didn't expect much to come from the probe. "If the SEC
wants to force Microsoft to be less conservative, Wall Street will just
increase earnings" projections for the company, said Rick Sherlund of
Goldman Sachs.

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