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To: Daniel Schuh who wrote (14139)	11/15/1997 11:23:00 AM
From: Harvey Allen	Respond to of 24154

Lawsuits Fail to Dampen Java Enthusiasm nytimes.com

To: Daniel Schuh who wrote (14139)	11/15/1997 9:28:00 PM
From: Daniel Schuh	Read Replies (1) \| Respond to of 24154

Microsoft a Pioneer in Quality Accounting nytimes.com It's not often that companies voluntarily disclose that their profits may be substantially overstated. But that is just what Microsoft has done in its latest quarterly report. For communicating frankly with its owners, Microsoft deserves a gold medal for quality accounting. icrosoft has presented an alternative income statement, both for the September quarter and for the most recent 12 months. For the quarter, a profit of $663 million, or 50 cents a share, turns into a loss of $60 million, or 5 cents a share. For the year, profits fall from $2.65 a share to $2.05. And so on. I don't know what this means for investors, probably nothing. Interesting though, and to Microsoft's credit. Cheers, Dan.