How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 481.20

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11:12 AM EST

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To: Richard Forsythe who wrote (17736)	3/11/1999 6:30:00 PM
From: Srini	Read Replies (2) of 74651

Richard: re:"In other words, they missed $400m this Q and so they sell some appreciated stock or something to make up the earnings? That is not particularly bullish..." I humbly submit that your understanding, as stated above, is way off the mark! The Yahoo news item states that Microsoft is choosing to defer recognizing $400M of revenue (which will be realized this Q) till next Q, and the resultant impact on earnings (?8c) will be made up for from "investment income"(not sale of stock etc.) The take home message is that the there is absolutely no change in guidance in the earnings number for this Q. Srini.

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