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


To: Teflon who wrote (17852)3/12/1999 9:32:00 AM
From: t2  Read Replies (1) | Respond to of 74651
 
CS First Boston --more details. This is more reliable to me (somewhat conservative though).

dljdirect.com


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.
859 1730))
REUTERS
Rtr 08:55 03-12-99