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Technology Stocks : How high will Microsoft fly?
MSFT 483.88+1.6%3:59 PM EST

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To: Charles Tutt who wrote (52619)11/3/2000 4:28:54 PM
From: Charles Tutt   of 74651
 
johnd, I think you may have put me on to something interesting here.

From the site I previously cited:

yahoo.marketguide.com

we have that retained earnings went from 14482 to 18682 (or a difference of 4200) in the period from 9/30/99 to 9/30/00.

From a companion site:

yahoo.marketguide.com

we have that during that period, Microsoft claimed quarterly net earnings after tax of 2581+2409+2385+2436=9811, or over DOUBLE the increase in retained earnings. As you say, "It is not what you make but what you keep (networth) that matters!!!" (See:

Message 14721313 )

My question to you, johnd, is, "What happened to the other $5.6 Billion? <g> Am I missing something? Did I mis-calculate (hope not -- if I did, I apologize) ?

JMHO.

Charles Tutt (TM)
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