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Technology Stocks : Cymer (CYMI)

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To: flickerful who wrote (12920)	1/21/1998 5:54:00 PM
From: Mr. Aloha	Read Replies (1) of 25960

MSFT came in at $.85 deluted and $.93 Estimates were for $.82 Microsoft hurdled Wall Street estimates Wednesday with second quarter earnings of $1.13 billion, or 85 cents a share. Wall Street was expecting earnings of 82 cents a share. The profits were up 49 percent compared with earnings of $740 million, or 57 cents a share in same quarter a year ago. Revenue for the quarter jumped 34 percent to $3.59 billion, compared with $2.68 billion a year ago. Microsoft's results were bolstered by sales in Europe, but the company said Asia's problems could hinder future quarters. "European revenues were up 33 percent over the same quarter last year, and OEM revenues expanded 40 percent," said Greg Maffei, chief financial officer, in a statement. "But the news isn't all good, as revenue from Southeast Asia and the Far East declined 8 percent from the prior quarter. Economic weakness in these geographies clouds the outlook for calendar 1998." (That's the general opinion - Strong European Sales - Weaker Asian Sales). I picked up more shares of CYMI at $14.8125 today :-) I'm hoping to sell them for $40-50 in the next 18-24 months. :-) That all....... Aloha

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