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Technology Stocks : How high will Microsoft fly?
MSFT 478.53-1.0%Dec 12 9:30 AM EST

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To: vinod Khurana who wrote (3515)10/20/1997 7:23:00 PM
From: vinod Khurana   of 74651
 
Positive surprises: IBM beats estimates

International Business Machines' shares could move higher Tuesday morning. The computer giant posted a
better-than-expected third-quarter profit of $1.38 a share. The consensus estimate on the Street was a profit of $1.37 a
share, and the stock closed up 2 to 97 1/2. (IBM)

Microsoft Corp.'s shares look like they may get a boost also. The software juggernaut posted a first-quarter profit of
72 cents a share compared to the consensus estimate of 70 cents a share. Shares closed up 3/8 to 132 5/8. (MSFT)
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