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To: JOHN W. who wrote (45361)3/12/1999 9:19:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
RESEARCH ALERT - Microsoft <MSFT.O> reiterated
NEW YORK, March 12 (Reuters) - Credit Suisse First Boston
analyst Michael Kwatinetz said Friday he reiterated Microsoft
Corp. <MSFT.O> with a strong buy rating.
-- raising second half 1999 EPS estimate to $2.65 from
$2.60.
-- leaving third quarter estimate unchanged at $0.65, as
expected investment income will likely offset a $380 million
revenue shift.
-- increasing fourth quarter estimates to $0.74 from $0.66,
based upon revenue shift.
-- PC demand is solid.
-- Shares closed at 161-7/16 on Thursday.
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