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

To: Li Cai who wrote (4206)	12/10/1997 7:54:00 PM
From: vinod Khurana	Respond to of 74651

MICROSOFT CORP and its billionaire Chairman Bill Gates will be scrutinized more than ever in 1998 as the software giant battles onslaughts from federal regulators and a well-organized alliance of rivals. But while Microsoft's growth is expected to slow sharply from the torrid pace of the past two years, analysts say the computer industry's most dominant company remains unfettered in its ability to turn bits of code into mountains of money. On a calendar year basis, Microsoft is expected to generate revenues of about $13.8 billion in 1998, a relatively modest 15% increase over 1997, while net income is expected to rise about 16% to $4.8 billion, according to analyst Rick Sherlund of Goldman Sachs. (Reuters 05:45 PM ET 12/10/97) For the full text story, see infobeat.com