Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: johnd who wrote (41987)	4/13/2000 1:20:00 PM
From: Lee	Read Replies (2) \| Respond to of 74651

Microsoft Stock Knocked Down by Warning dailynews.yahoo.com The drop followed comments by Rick Sherlund, an analyst with investment house Goldman Sachs who is considered a top Microsoft authority. He cut his revenue forecast for the company's third quarter to $5.75 billion from $5.95 billion. Sherlund cited sluggish demand for personal computers. He said the lower revenues would translate into a drop in profits of 2 cents per share. But he said the shortfall would likely be made up by gains in Microsoft's thick investment portfolio, which the software company has consistently used to fatten its bottom line and beat Wall Street earnings estimates.