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Technology Stocks : How high will Microsoft fly?
MSFT 479.33-1.6%2:54 PM EST

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To: X-Ray Man who wrote (6038)4/23/1998 10:52:00 AM
From: S. Chiang   of 74651
 
Microsoft: Yesterday we noted that street wanted to see MSFT post a number at least two cents better than expected... Company reported a gain of $0.50, 2-3 cents above estimates... Rest of story was only so-so, as company posted revenue growth of 17% and made its typical cautionary comments... Having just lived up to expectations and having rallied over 4 points yesterday. stock may experience troubles building on its gain in today's trading... Even so, won't be long before stock is dancing above the 100 level on its way to 110.

From Briefing.com
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