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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 231.69

+1.7%

Dec 10 3:59 PM EST

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To: Lizzie Tudor who wrote (148865)	10/17/2002 4:44:23 PM
From: Oeconomicus	Read Replies (1) of 164684

Speaking of "hot"... Microsoft Announces Record First Quarter Revenue Thursday October 17, 4:15 pm ET REDMOND, Wash., Oct. 17 /PRNewswire-FirstCall/ -- Microsoft Corp. (Nasdaq: MSFT - News) today announced revenue of $7.75 billion for the quarter ended Sept. 30, 2002, a 26 percent increase over revenue of $6.13 billion for the same quarter last year. Operating income for the first quarter was $4.05 billion, compared to $2.90 billion in the same period last year. Net income and diluted earnings per share for the first quarter of fiscal year 2003 were $2.73 billion and $0.50, which included an after-tax charge for investment impairments of $291 million or $0.05. For the same period of the previous year, net income and diluted earnings per share were $1.28 billion and $0.23, which included an after-tax charge for investment impairments of $1.22 billion.

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