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

To: ed who wrote (12776)	11/29/1998 10:16:00 PM
From: t2	Read Replies (2) \| Respond to of 74651

I recall that in the October earnings release that they advised analysts that EPS for Dec quarter should be increased by 5 cents (to about 58 cents). This is amazing. They did not wait til November or December to announce this. Their "internal numbers" must be much higher. Remember they are very conservative in their forecasts. In the July earnings release they stated that EPS for Sept quarter should decline to 49 cents. I think they reported 56 cents in Oct. (actual number was 14 % better - 56/49 100) I expect to see EPS of 66 cents ( 1.14 58 ) MINIMUM. I bet that will help us reach 150, probably prior to earnings release.