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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: Scott C. Lemon who wrote (28111)9/14/1999 5:04:00 PM
From: Loring   of 42771
 
I have the ECONOMIST article in front of me and the MSFT part is attributed to "Smithers & Co., a research firm in London." They make no mention of Bill Parish, but the conclusions are the same as his.

"For instance, Microsoft, the world's most valuable company, declared a profit of $4.5 billion in 1998; when the cost of options awarded that year, plus the change in the value of outstanding options, is deducted, the firm made a loss of $18 billion, according to Smithers."

The Economist, August 7, 1999
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