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Technology Stocks : How high will Microsoft fly?
MSFT 486.98-1.4%Nov 19 3:59 PM EST
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To: ed who wrote (26825)7/20/1999 3:33:00 AM
From: Dan Spillane  Read Replies (1) of 74651
 
To clarify, there are TWO major Y2K effects:

1) Many applications are being "re-done" on the Windows NT platforms in time for Y2K -- but this is only a one-time boost!

2) Spending patterns may change...more spending now, less towards the end of year.

...this means earnings may have a DOUBLE artificial boost right now. HENCE, the prediction for very low growth through next year. Note the item (1) above could be quite large.
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