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


To: Offshore who wrote (36626)1/16/2000 9:39:00 AM
From: Offshore  Read Replies (1) | Respond to of 74651
 
Interesting reading
Here comes good ole Mr. Softee to the rescue. As technology stocks continue to open the 2000 trading year on a volatile note, investors should feel comfortable with the results for Microsoft?s (NASDAQ: MSFT - Quotes, News, Boards) second quarter, ended December 31. The software giant is slated to announce earnings on Tuesday, January 18th, with the consensus estimate at $0.43 a share according to Zacks. If Microsoft only hits that estimate, the company would show 17% earnings growth.

It?s worth noting that this will be the first earnings release since Bill Gates handed over the chief executive title to his longtime partner, president Steve Ballmer.

If the past is any guide for the coming quarter, Microsoft will have no problems beating estimates.

Still, the company is coming off of tough comparisons from last year, when Microsoft surprised the Street by 26%. We don't expect that large of a surprise, but given Microsoft's traditional conservatism, the company could earn $0.47 a share in the quarter.



To: Offshore who wrote (36626)1/16/2000 10:39:00 AM
From: werefrog  Read Replies (1) | Respond to of 74651
 
"If everyone does that, that who the hell "

Market sells have priority over Limit orders. Every market sell I've ever entered in my life got filled. As for who buys them, if it keeps going down you could say they were stupid,if it goes up you could say they were smart. When I enter a market sell using realtick 111, routing SOES, I get my confirm sale in just a few seconds and I know it should have filled at the offer price, not the bid. OLB's don't have that kind of speed & you never know at what price or when the confirm will come back.