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Technology Stocks : How high will Microsoft fly?
MSFT 430.29-0.7%Jan 30 9:30 AM EST

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To: Brian Malloy who wrote (793)3/24/1997 9:57:00 PM
From: Ibexx   of 74651
 
Brian,

Good to see you here too!

Motley Fools has a write-up on MSFT today. It seems that the Win97 could be a deliberate, strategic move to smooth out earnings:
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Mar 24, 1997 (6:00 PM EST) - The Motley Fool Evening News

MICROSOFT CORP. (Nasdaq: MSFT) fell $4 to $90 today after the Wall Street Journal called into question the release date of Windows 97 (code named Memphis), or what might now be called "Windows 9.X." The
Journal said the company has informed PC makers that it will not ship the next operating system release in time for Christmas sales, and that the release will be pushed out into 1998 -- shades of Windows 95 all over again. The push back, if true, is very likely a good thing for Microsoft, as companies are still migrating to Windows 95 and NT. In addition, trying to make major pushes with Microsoft Exchange and Office 97 concurrent with a major OS release doesn't match the company's time-proven practice of smoothing outrevenues. Perceptions over the delay also pushed down INTEL (Nasdaq: INTC) this morning before it recovered later in the day.
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Shorts and bears, be very careful!

Ibexx
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