How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 444.15

-2.3%

3:59 PM EST

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To: Joan Osland Graffius who wrote (857)	4/5/1997 10:52:00 PM
From: Sonki	of 74651

off topic: sw earning - pls. correct me. I think I understand re: sw earning, but i am not sure about reporting. I understand that maintence fee can be rcvd for the whole yr but reported only as delivered. QUESTION: 1. Must maintance earning be reported every Qurter as delivered? 2. Can it be reported ahead of time? 3. Can it be reported in future Qurters??? i.e. if xyz company pays MSFT $100 in jan for support FOR yr '97. What flexibilities does msft have in terms of reporting. If Msft has bad Q2 then can they lump $75.00(for Q2,3,4) as Q2 income? As a customer I have the right to cancel Q3, Q4 service and thus ask for my money back. I DON"T understand what does having lots of cash have anything to do with hidden earning? ============================================= My broker @merril has asked me think about Callaway golf and nke. Since you are a golfer what do you think of Callaway as a stock?

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