"Microsoft reports 31% revenue growth, 35% earnings growth, 50% growth in cash&investments, 40% growth in book value, 40% growth in internet business. 100% growth in MSN subscribership which grew to 2.5 million paid subscribers.
New product pipe of Windows2000, Office2000, SQL2000, Exchange 2000, Millennium, PocketPC, Project 2000, Visio2000, MSN2.0,... will ignite revenue and earnings acceleration in FY01 and into FY02. 10 Billion in investment portfolio gains would further accelerate net margins."
This is how the report should be really read. That is how Oracle, Sun, AOL would have announced. Smart minds should dig deeper than what is said at surface. Sonki, Vc1, t2 you guys are right on.
You add back deferred revenue, impact of that to earnings, you look at growth in book value, cash, investment value, you look at product cycles, you got to just to love this company. I don't know how many can see through the doom & gloom smoke screen. I look for some good opportunity to add next week and stay for long haul. |
