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To: E_K_S who wrote (20408)2/27/1998 11:22:00 AM
From: dwight vickers  Respond to of 42771
 
It wasn't overly informational although he got a couple of good shots in at MSFT.

No guidance to future earnings.

I don't think it was a mistake that they reported above expectations.

I believe he's got that game down. Attention should be paid to where they guide analysts and expect further mild surprises.

That's another bull market phenomena. You can announce much lower earnings than last year, but your stock goes up if expectations were even lower.

Oh well.

Dwight