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


To: The Duke of URLĀ© who wrote (51571)10/18/2000 7:49:27 PM
From: johnd  Read Replies (3) | Respond to of 74651
 
Yeeeeeeeeeee, Haaaaaaaaa MSFT. Way to go!!!
Even after buying 25million shares cash increased to
25Billion, there you go softy. You beat eps by 5c, you
raised FY EPS, you raised Dec. Q revenue forecast, you
bought back 25 million shares, you said OEM acceptance of
W2K is accelerating; despite euro currency hits, you did
so well, I wonder what you would have done without euro
effects. Keep them coming. So at least 1.90 * 60 => 114 is
your deserved price.
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Cash and short-term investments totaled $24.71 billion as of September 30, 2000.
Cash flow from operations was $2.96 billion in the September 2000 quarter.

Equity and other investments at September 30, 2000 were $20.53 billion. The sequential
quarter increase was due to new investments, principally Telewest, Inc., partially offset by
a net decrease in the market value of publicly traded securities in the portfolio.

During the September quarter, the Company repurchased 25.5 million shares of common
stock under its stock repurchase program.