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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: John F. Dowd who wrote (25309)	6/30/1999 6:29:00 PM
From: Robert Brooks	Respond to of 74651

MSFT trading up at 90 1/2 on Instinet (thin volume of course).

To: John F. Dowd who wrote (25309)	6/30/1999 6:31:00 PM
From: t2	Read Replies (1) \| Respond to of 74651

JFD, MSFT trading up 5/16 to 90 1/2 afterhours (CNBC a few minutes ago) I guess the SEC is "concerned" they are too conservative. However, I trust Maffei and his accounting team did their homework before starting the reserves. Now they have reduced their reserves only due to the new standards.

To: John F. Dowd who wrote (25309)	6/30/1999 6:34:00 PM
From: taxman	Read Replies (1) \| Respond to of 74651

Microsoft Corp (MSFT) 90 3/16 +2 3/16: in meeting with analysts, software maker says that accounting changes will lower margin; however, company says comfortable with analysts' earnings views.... regards