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Technology Stocks : How high will Microsoft fly?
MSFT 508.82+0.6%Nov 11 3:59 PM EST

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To: ed who wrote (26596)7/18/1999 9:52:00 PM
From: Dwight E. Karlsen  Read Replies (1) of 74651
 
Ed, it was Mr. Maffei (CFO of Microsoft) who gave the 1 cent addition to earnings number due to Microsoft's voluntary adjustement on deferred revenue account.

That's what I remember. Personally, I could care less. Just the fact that there is a cookie jar with money in it makes MSFT stand taller than the majority of techs out there. Most tech cos are trying to squeeze that last cent of earnings into the current quarter, while MSFT finds a good reason (free upgrades/software drivers, tech support) to say that penny should go in a future quarter.
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