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

To: Uncle Frank who wrote (26642)	7/19/1999 10:49:00 AM
From: taxman	Read Replies (1) \| Respond to of 74651

There should be little doubt that Microsoft (MSFT) will at least meet the consensus estimate of $0.36 when they report earnings today after the bell. The consensus estimate was $0.35 a month ago when Microsoft suggested to analysts that they might want to raise their estimates. However, according to Drew Brosseau at SG Cowen, recent accounting changes by Microsoft will result in higher revenues but will not change the company's EPS numbers. That does not change the optimism for today's earnings report. Microsoft Word is the company's biggest revenue generator and Office 2000 sales are outpacing Office 97. Therefore, even though the top estimate is currently $0.37, the expectation is for Microsoft to hit our Earnings Whisper number of $0.38 – with some expecting a little more. Any downside is expected to be from the company's accounting changes. You may listen to Microsoft's conference call at microsoft.com at 5:30 PM EST. © Copyright 1999, EarningsWhispers.com regards

To: Uncle Frank who wrote (26642)	7/19/1999 10:57:00 AM
From: Canadian Speculator	Respond to of 74651

First Ecom.com and Microsoft Enter into Agreement to Create E-Commerce Payment Gateway Module for Microsoft Products First Ecom.com and Microsoft Enter into Agreement to Create E-Commerce Payment Gateway Module for Microsoft Products HONG KONG, Jul 19, 1999 (BUSINESS WIRE via COMTEX) -- First Ecom.com Inc., (OTC BB:FECC), a leading Internet payment service provider for companies based outside North America, today announced it has entered into a development services agreement with Microsoft Hong Kong Limited. Under the agreement, Microsoft will develop a payment gateway module for its Microsoft Site Server Commerce Edition, designed to integrate with First Ecom.com's e-commerce payment back-end, providing real-time settlement capability for online merchants. The key feature of the module being multi-currency processing enabling e-commerce for a worldwide market. The project is expected to be completed in approximately one month. About First Ecom.com First Ecom.com (OTC BB: FECC) is a leading provider of online payment processing services for merchants outside of North America. Through a series of strategic alliances, First Ecom.com approves merchants and processes transactions in a tax-neutral jurisdiction without the need for using U.S. banking institutions or U.S.-based ISPs. FEC offers online credit card processing solutions for merchants in their preferred currency. For more information, contact First Ecom.com at 888/305-8233, by e-mail at ir@firstecom.com or at www.firstecom.com. Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Copyright (C) 1999 Business Wire. All rights reserved. -0- CONTACT: Davis.Comm, Inc. (Media Contact) Jeff Davis, 415/837-3939 jdavis@daviscomm.com or Kevin Manniko, 415/837-3939 kmanniko@daviscomm.com or First Ecom.com (Investor Contact) Investor Relations, 888/305-8233 WEB PAGE: businesswire.com GEOGRAPHY: INTERNATIONAL ASIA PACIFIC INDUSTRY CODE: COMPUTERS/ELECTRONICS INTERACTIVE/MULTIMEDIA/INTERNET COMED BANKING Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page.