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Technology Stocks : How high will Microsoft fly?
MSFT 476.24+0.3%Dec 16 3:59 PM EST

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To: John F. Dowd who wrote (71784)7/29/2002 12:44:06 AM
From: David Howe  Read Replies (1) of 74651
 
JFD, Nice post, thanks for bringing it to our attention.

1. They report tax in their EPS statement that they don't even pay.
2. Cash flow is unchanged no matter how options are expensed, or not expensed.
3. No dilution to speak of because they buy back shares.

Seems like everything that junkie says is completely contradicted in this post. Seems like the post agrees with everything I've been saying.

What do you know.

Dave
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