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

To: Valley Girl who wrote (42689)4/20/2000 5:29:00 PM
From: ehb86  Read Replies (1) | Respond to of 74651
 
Microsoft Profit Tops Expectations
04/20/00 SEATTLE (Reuters) - Microsoft Corp. (MSFT.O) on Thursday said its third-quarter profits rose 23 percent, beating Wall Street estimates by 2 cents despite what the world's biggest software company said was light demand for business PCs in the period.

Thought you all might be interested in Reuters take on earnings release.



To: Valley Girl who wrote (42689)4/20/2000 7:36:00 PM
From: werefrog  Respond to of 74651
 
re "selloff monday"

Yep, another shopping day or two, snack snack, expect the nas to retest low of last week, then at some point another bounce. I would love to get CSCO near 50 and pick up 10 - 15 points on the bounce. MSFT in trading range with no chance of breakout until summer rally if there isn't much more bad news and the DOJ does'nt crucify them.
JH


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