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

To: ed who wrote (26606)	7/19/1999 2:15:00 AM
From: Dwight E. Karlsen	Respond to of 74651

ed, I don't think MSFT plans to dump the entire $400m back onto the income statement in one quarter. Mr. Maffei said the adjustment would amount to 1 cent increase in earnings per quarter, over the next several quarters, as I recall. Sorry for not fully explaining that in detail, but the details are rapidly becoming a distant memory. In any event, one seasoned MSFT analyst said at the time that the SEC investigation was a "non-event". I don't care to trouble myself further over it. Onward to $115. -VBGG- (can you guess what the first G stands for? hint: it rhymes with needy.)