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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Box-By-The-Riviera™ who wrote (248815)7/8/2003 9:21:58 AM
From: zonder  Read Replies (1) of 436258
 
9:13AM Goldman: One-time dividend for MSFT unlikely (MSFT) by Julie Rannazzisi
NEW YORK (CBS.MW) -- Goldman Sachs analyst Rick Sherlund believes that reports indicating Microsoft (MSFT)is considering a one-time dividend of more than $10 billion is "inconsistent with prior comments" he has heard from management and feels it's an unlikely occurrence. Sherlund expects Microsoft to focus on an expanded share repurchase program at its July 24 analyst meeting -- and perhaps a higher dividend as well -- but believes expectations "may be getting too carried away when it comes to such a large one-time dividend." Shares shed 14 cents to $27.28 in pre-open action.

[Another darn analyst who is sore he missed the rally -g- ]
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