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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jack of All Trades who wrote (11435)	7/11/2001 5:41:34 PM
From: Paul Shread	Read Replies (2) \| Respond to of 52237

From Briefing: Microsoft (MSFT) 66.50 +2.02: -- Update -- Company sees revs of $6.5-$6.6 bln vs. consensus of $6.43 bln; company will take $3.9 bln charge resulting from the impairment of certain publicly traded and private equity securities particularly in the cable and telecommunications industries; management expects results from operations to be in line with previous guidance; including the non-cash charge, diluted earnings per share is expected to be approximately $0.01; MSFT 69.75 +3.25 vs. 4 pm close. Bizarre writedowns. Were they expected?