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Technology Stocks : How high will Microsoft fly?
MSFT 470.36+1.0%Jan 26 3:59 PM EST
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To: LindyBill who wrote (21060)4/20/1999 10:42:00 PM
From: taxman  Read Replies (2) of 74651
 
"it is time to sell some covered calls."

if i can't talk you out of this idea, maybe the editor of bull market report can.

regards

^^^^^ MICROSOFT HITS WHISPER NUMBER

After the close, Microsoft did it again by
beating estimates of 32 cents and
reporting 35 cents. Microsoft's quarterly profit
jumped 43 percent from a
year earlier on strength across its range of
products, particularly its
Office business software and Windows NT software
for running corporate
computers. They earned $1.92 billion up from a
profit of $1.34 billion, or
25 cents a share, in the year-ago quarter.
Revenue rose to $4.33 billion
from $3.77 billion. Microsoft has $22 billion in
cash and no debt.

COMMENT: We can't believe this but are compelled
to print the facts:
Microsoft earned 44% AFTER TAX on every dollar of
sales. Plus they kept
$400 million in revenue off the balance sheet.
WOW. This is huge. This is
beyond huge. Being able to buy Microsoft here in
the low 80's instead of
the middle 90's is a gift from heaven!
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