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

To: DownSouth who wrote (14990)	1/23/1999 11:51:00 AM
From: KM	Read Replies (1) \| Respond to of 74651

Nice words about MSFT in this week's Barrons (nothing you don't already know but still nice to see in print) * * * * * * * * * * * * * * * * * The beauty of Microsoft -- as anyone will attest who watched last week as the company blew past analysts' estimates once again -- is not simply 30%-plus growth in revenues (38% last quarter). Rather, it's the company's astonishing profitability. For every $1 of sales, an awesome 30 cents-plus falls to the bottom line (40 cents last quarter). No secret that these margins are the result of a formidable franchise -- a monopoly, in the government's view. The "business model," as the jargon goes, is great: Microsoft sells its jillionth package of software and the revenues are virtually pure profit.