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


To: t2 who wrote (14435)1/17/1999 12:30:00 PM
From: ed  Read Replies (2) | Respond to of 74651
 
You option traders are really smart by being able to predict the short term ( in term of hour, and day) stock movement. For me, I just bet on the trend, and forget the day to day fluctuation.



To: t2 who wrote (14435)1/17/1999 7:29:00 PM
From: Frank Ellis Morris  Read Replies (2) | Respond to of 74651
 
This should be one hell of a week when the trading resumes on Tuesday. Let hope we do not get ambushed again by any unwanted surprises

Sunday January 17, 3:26 pm Eastern Time

Microsoft seen posting sharp increase in
earnings

By Martin Wolk

SEATTLE, Jan 17 (Reuters) - Software juggernaut Microsoft
Corp. is expected to report strong quarterly earnings on Tuesday,
following in the footsteps of its partner Intel Corp., which last
week topped all estimates for the quarter.

On average, analysts expect Microsoft to report earnings of 59 cents a share for its fiscal second
quarter, up more than 40 percent from 42 cents reported a year earlier, according to First Call,
which tracks estimates. Several analysts said they expected Microsoft to beat the consensus figure by
at least a penny or two.

Revenues are projected to rise 20 percent to 25 percent for the quarter to about $4.4 billion, several
analysts said.

Best Wishes
Frank