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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (11586)	4/20/1999 4:50:00 PM
From: Daniel Joo	Respond to of 99985

MSFT reported above expectations ($0.35 vs. 0.32). However, it appears that they added about $.06 to $.07/share in additional investment income compared to last quarter. In other words, if investment income was the same as last year, MSFT would have reported about $.29/share - below expectations. Interesting to see how analysts look at these numbers. Gone to Paris on vacation the past 5 days and I missed all the action. I'm still short - waiting on Kosovo ground troops and interest rates. Recent high quality new corporate bond issues yield 9 to 10%. Looks like oil prices will hold firm and money is starting to flow abroad - see Warren Buffett. Dan