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Technology Stocks : How high will Microsoft fly?
MSFT 478.53-1.0%Dec 12 9:30 AM EST

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To: SouthFloridaGuy who wrote (51576)10/18/2000 9:57:12 PM
From: JP Sullivan  Read Replies (1) of 74651
 
I am shocked that the stock could be up in A/H when operations (the true strength of a company) have fallen so much. Indeed, revenue growth was a mere 10% higher than last years figures.

Stranger things have happened. I remember when MSFT used to announce stellar earnings only to have the stock price plunge by 7+ points the next day. So, we're in for a change. But seriously...

Considering W2K's release in February this year and no other significant products between then and the beginning of last quarter (WinME came out pretty late in the quarter as I recall), I'd say MSFT has done pretty well. Kudos to management for topping expectations with their shrewd investments. I see nothing wrong with using these gains to make the numbers in a difficult quarter as long as this is not overdone.

Going forward, MSFT has a very nice line-up of products, some of which have been recently released, for the rest of the year and next year. These are going to contribute significantly to revenue growth. Hopefully, that growth will impress you.
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