How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 508.82

+0.6%

3:59 PM EST

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To: goin HOG wild who wrote (30796)	10/19/1999 4:30:00 PM
From: Tom_	Read Replies (2) of 74651

.40 vs .38 explained From MSFT website: REDMOND, Wash. — Oct. 19, 1999 — 1:30 pm PDT — Microsoft Corp. today announced net income of $2.19 billion and diluted earnings per share of $0.40 for the quarter ended September 30th. Revenue totaled $5.38 billion, a 28 percent increase over the $4.19 billion for the comparable quarter last year. This quarter's results include a gain of $156 million on the sale of the entertainment city guide portion of the MSN™ Sidewalk® online guide, while last year's results include a gain of $160 million on the sale of the Softimage subsidiary. Excluding the sale of these businesses, net income rose 37 percent and earnings per share grew 36 percent to $0.38, from $0.28. Including the gains, earnings per share grew 29 percent. Best wishes, Tom

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