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

To: taxman who wrote (36850)	1/19/2000 2:19:00 PM
From: abbigail	Respond to of 74651

Dear taxman: Thanks for the reference. "But the company will begin plowing more money into research and development this year and ``earnings per share will grow at a lower rate than revenue in each of the next two quarters,' said John Connors, chief financial officer, in a teleconference with analysts and reporters. Connors also said that sales and marketing expenses would continue to climb as a percentage of revenues, which also will keep a lid on the growth in earnings. Chief Executive Bill Gates said last week that he would step down as chief in order to help develop a new range of products for the future." MSFT's huge profits after spending $8 BILLION on W2K is nothing short of phenomenal! The extra R&D, and sales & marketing outlays WILL PAY OFF, BIG TIME! DO YOU REALLY WANT THEM DOING ANYTHING LESS? NAUGHT!!!! Abbigail