SI
SI
discoversearch

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.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (82439)7/19/2000 6:52:51 PM
From: Don Lloyd  Read Replies (2) | Respond to of 132070
 
MB -

thestreet.com

"...So now the world knows Microsoft's (MSFT:Nasdaq - news) quarterly results. And they were unimpressive for the greatest growth stock in history run by the richest man in the world. Revenues were flat. Operating earnings were down. Earnings per share met analysts' already lowered expectations.

Microsoft's sluggish numbers left investors decidedly downcast. After a brief pop in after market trading Tuesday evening, the stock slumped badly Wednesday and closed down 5 3/8, or 6.9%, at 73 1/8. Analysts at Prudential Securities and SG Cowen downgraded the stock from a buy to a hold. Other analysts held their buy recommendations but reduced their published estimates for growth in revenues, operating income and earnings per share (excluding investment gains)..."

Regards, Don