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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (51563)3/12/1999 7:38:00 AM
From: gbh  Read Replies (1) | Respond to of 132070
 
It sounds like a revenue shortfall of 400 million to me. (Watch it be more.) How is that bullish?

tippet, more??? One thing is certain. Make that absolutely certain. If MSFT says there will be a $400M shortfall, it will be less.

But the shortfall was not just a deferral, as you well know. In fact, Maffei stated that the shortfall will be simply pushed into the next quarter, where he guided earnings higher by .08 as a result.

Any they won't even miss eps this quarter, because of added "investment income". What do you think? Selling more puts <ggg>.

Gary