How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 486.98

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3:59 PM EST

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To: Andy Yamaguchi who wrote (21021)	4/20/1999 7:50:00 PM
From: Jim Matsui	Read Replies (1) of 74651

Andy, Where did you see the $750 million in investment income number? According to the WSJ Online: "The reported revenue doesn't include revenue of $400 million from sales of Microsoft Office 97; Microsoft has deferred that revenue to its fourth quarter, telling analysts that the deferral is related to its provision of a free upgrade to customers who bought Office 97 during the quarter. The company is giving Office 97 purchasers a free upgrade to Office 2000, which ships this quarter. The deferral of Office revenue is equivalent to four cents a share, but Microsoft said it realized investment gains of more than $350 million during the quarter, making up the discrepancy." Jim

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