How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 486.06

+0.4%

Dec 19 3:59 PM EST

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To: DiViT who wrote (57771)	5/1/2001 4:26:39 PM
From: David Howe	Read Replies (1) of 74651

DiViT, The following is from the recent 10Q regarding Expedia and the other businesses in this MSFT category. It's clear that these businesses are growing rapidly and turning the corner to profitability is a major milestone. Revenue increased more than 300% from the prior year for this segment of MSFT's business. << Consumer Commerce Investments include Expedia, Inc., the HomeAdvisor online real estate service, and the CarPoint online automotive service. Second quarter revenue totaled $99 million, compared to $30 million in the prior year's second quarter. Revenue for the first six months totaled $196 million, compared to $48 million in the prior year. Acquisitions of Travelscape.com and VacationSpot.com by Expedia, Inc. and increased overall reach of all properties led to the strong revenue growth compared to the prior year. >>

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