SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : LSI Corporation

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Lee who wrote (11118)3/24/1998 6:59:00 PM
From: E. Graphs  Read Replies (1) of 25814
 
Non LSI/Interesting news:

03/24 18:19 Microsoft MSFT.O says Q3 net to beat -2
Maffei said revenues for the current quarter ending June 30 would be 17 to . 18 percent higher than the $3.2 billion posted in the comparable year-earlier period.

Maffei also expected earnings for the fourth quarter ending June 30 to be slightly lower than the third-quarter, although still ''several pennies'' above the consensus estimate of $0.43 per share.

He cautioned that the current quarter could represent the best quarter of calendar 1998 in terms of earnings as growth continues to slow.

Maffei said that, while Microsoft's Asia business has not worsened recently, there is little evidence of improvement and the company remains cautious about prospects for the region. He also cautioned about the potential for slowing sales of Office and of personal computers in general.

^REUTERS@ Reut18:19 03-24-98



Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext