How high will Microsoft fly? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly?

MSFT 473.99

+0.4%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: johnd who wrote (53693)	11/30/2000 10:01:26 PM
From: johnd	Read Replies (2) of 74651

George Godfrey, an analyst at ING Barings who rates Microsoft "strong buy," said in a note to clients that he expects a rebound in corporate PC sales to boost sales of Microsoft's Windows 2000 for businesses, which the company is counting on to fuel revenue growth. The consumer-targeted Windows Me, on the other hand, "is not expected to be a material contributor to revenue," he said. People are quite positive on MSFT, see ING report today === Godfrey also didn't change his estimates for the December quarter. He expects the company to post sales of $6.85 billion and earnings of 49 cents a share. While Microsoft shares have been battered in recent months, "the road to recovery continues," Godfrey said in the note.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next