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


To: LindyBill who wrote (20926)4/20/1999 5:16:00 PM
From: Dan Spillane  Read Replies (1) | Respond to of 74651
 
Hmmm. I like most of this, until I start taking it apart. Does the following detail bother anyone else? How sustainable is this kind of investment income?

(from the news)
"On a strict operating basis, the company said earnings rose 19% to
$2.22 billion. The bottom-line figure was aided by a huge jump in
investment income. Investment income rose to $720 million from $190
million a year ago."



To: LindyBill who wrote (20926)4/20/1999 5:22:00 PM
From: Zanga56  Read Replies (1) | Respond to of 74651
 
At the end of every QTR they report the unearned revenue, here is a list of how it stood at the end of the last 8 qtr's.

date Amount Change
6/97 1418bil
10/97 1671 *** 253 million
12/97 2038 *** 367
3/98 2463 *** 425
6/98 2888 *** 425
10/98 3133 *** 245
12/98 3552 *** 419
3/99 4195 *** 643

They keep growing and growing. If they wanted they could have added a few more pennies in the "Earned Revenue Account"