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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Mike M who wrote (14759)	4/19/2001 4:30:55 PM
From: John Crovelli	Read Replies (2) \| Respond to of 30051

Thursday, April 19, 2001 Microsoft beats earnings, revenue target --4:22pm - By Mike Tarsala Microsoft (MSFT) beat Wall Street's earnings estimates, reporting net income of $2.45 billion, or 44 cents a share, topping its 42-cent First Call target. Microsoft's revenue was $6.46 billion, up 14 percent from the year-ago period, and better than the 9 percent gain Wall Street analysts predicted. The company reports that all businesses did "a little better than expected." Shares rose $2.59 to close at $68.02 in regular Nasdaq trading.