To: John F. Dowd who wrote (37146 ) 1/27/2000 6:10:00 PM From: Frank Ellis Morris Respond to of 74651
I am impressed that Microsoft responds to inquiries from shareholders ubject: RE: CST7645952ID - Microsoft.Com Contact Us Date: Thu, 27 Jan 2000 05:15:24 "GMT" From: <msft@microsoft.com> To: <f5289@erols.com> Dear Frank, Thank for your feedback regarding our recent quarterly earnings conference call and the comments from John Connors, our CFO. On the conference call, it is our practice to try to pro-actively disclose as much information as possible about our financial results, and to put our actions in context. Microsoft has been consistently cautious in estimating future growth rates for its business. We manage our company on a long-term basis to deliver long-term value to our shareholders, and that’s important to keep in mind when we encounter short-term periods of volatility. We believe the company will continue to be successful if we work hard to develop the right products for customers and remain responsive to changes in our industry. For additional investor information, please visit microsoft.com . Thank you for contacting Microsoft. Sincerely, Investor Relations --- Original Message --- From: f5289@erols.com To: microsoftcom_contactus@css.one.microsoft.com Sent: 1/19/2000 2:39:08 PM Subject: Microsoft.Com Contact Us User selected feedback type: Corporate Services, Shareholder Relations Questions User country: United States Language ID: en User browser: Mozilla/3.01 (Macintosh; I; 68K) User Comment: Was it necessary for the CFO to make a comment which caused a major sell off of the stock today after reporting solid earnings yesterday? Microsoft has enough of a burden with the headache from the DOJ without making statements to rattle nervous investors. Wednesday January 19 4:17 PM ET Microsoft Drops After CFO's Remarks SEATTLE (Reuters) - Microsoft Corp.'s (NasdaqNM:MSFT - news) stock fell about 7 percent on Wednesday as worries about slowing demand for personal computers overcame a positive earnings report that beat Wall Street estimates. I am very disappointed as a shareholder this is the results of what I get for being a patient investor. I would like some reason why it was necessary to make such a remark? Sincerely, Frank Morris