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

To: David Howe who wrote (71536)	7/23/2002 8:40:52 PM
From: jonkai	Respond to of 74651

Don't remember saying that, but they did come very close they didn't come even close.... the $1.90 estimates INCLUDED investment income because these same analyst assumed MSFT was making investment income.... why in the world are you deciding that now it should be taken out when suddenly MSFT is losing this same income that analyst used in estimated numbers? and analyst included it because MSFT shows this same income in their earnings numbers? here is a line from MSFT's 2000 4th quarter earnings report..... Investment income 485 1,127 1,803 3,182 which was included to come up with the $.44 cents they reported that they earned that quarter..... and the street estimates didn't say anything about taking out that "investment income" now did they back then.... you can lose a lot of money if you don't figure that one out........ you can't be shuffling numbers around by including it when it is a gain, and not including it when it is a loss.... that would be as bad as a MSFT earnings report..... the market has figured it out..... you should too.... jon.