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

To: Dom B. who wrote (5996)	4/22/1998 7:45:00 PM
From: Maverick	Respond to of 74651

Microsoft: --Update-- software giant's CEO says sees Q4 EPS down slightly from Q3 and revenues roughly flat with Q3 level . Analysts had been expecting Q4 net of $0.46 a share, compared to the $0.50 a share the company reported for its Q3. Says expects FY99 Q1 and Q2 results to be similar FY Q4 numbers. Says Windows 98 on track for May 15 shipment to OEMs... Microsoft Corp. (MSFT) 98 13/16 +3 15/16: software giant still manages to surprise by reporting a Q3 net of $0.50 a share, two cents above the already upwardly revised market consensus, vs year-ago profit of $0.40 a share; revenues rose 17% to $3.77 bln; sees slower growth through balance of calendar 1998 as it remains concerned about the Far East. However, says there is some evidence that Far East business not getting weaker. On 3/24, the company said it expected to report Q3 net of of around $0.48 a share, about four cents above the prevailing estimate at the time. By Briefing.com