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Technology Stocks : How high will Microsoft fly?
MSFT 496.920.0%Nov 7 9:30 AM EST

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To: Brian Malloy who wrote (5426)3/10/1998 6:46:00 PM
From: Brian Malloy  Read Replies (1) of 74651
 
To all:
A couple little interesting notes on the company.

TAPPING HIGH TECH'S LATEST TAKEOFF
"If you prefer bigger names, Esther Schreiber, a vice-president at Credit Suisse First Boston, says Microsoft is worth considering despite a high earnings multiple. ''Business is going incredibly well,'' she says. Schreiber thinks even Microsoft is undervalued based on its expected cash flow and the number of years it should earn an above-average return on invested capital. Another plus for Microsoft: It's less volatile than, say, Seagate. In the past three years, Microsoft's biggest decline was 19% in a three-week period in December. For a technology stock, that's not bad."
businessweek.com

ANOTHER MICROSOFT POWER PLAY?
TRY AS IT MIGHT, MICROSOFT Corp. can't seem to stop doing things that
make it look like it's trying to take over the world. The latest: NITRO.

That's Microsoft's plan to start selling software in August at the microsoft.com Web site, which draws 1.5 million visitors a day. People
browsing the site will see ''Buy Now'' icons wherever products are described. They will be able to click through to buy goods directly from Microsoft or one of its resellers.
businessweek.com

Regards,
Brian
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