How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 486.94

+0.4%

1:59 PM EST

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To: ThomasG who wrote (61731)	10/18/2001 9:16:01 PM
From: David Howe	Read Replies (1) of 74651

<< This is only 1c-2c lower than June guidance Revenues are also projected to be roughly the same as last June guidance. >> Exactly. I hardly call this guiding down. << The key point to note is that Microsoft are assuming FY02 PC sales to be as bad as they are now. So there is the potential for FY02 earnings upside if the economy recovers in the 1st or 2nd qtr next year. These results are actually pretty impressive given the weak economic climate and the fact that everybody will have delayed a pc purchase until after XP launch. >> Exactly. MSFT fundamentals look stronger to me now than they did before this report. That probably won't matter though, the market looks like it is headed down at this time. IMO, ave

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