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

To: Bill Fischofer who wrote (20976)4/20/1999 6:31:00 PM
From: Stephen  Read Replies (2) | Respond to of 74651
 
Bill, I still haven't checked things out .... getting waylaid. My only point is that P/E is usually judged by operating earnings only with investment income, from either assets or asset sales, excluded. It could therefore be argued that MSFT missed earnings. Lots of companies are playing this accounting game ... and its difficult to know whether apples are apples ...or are really pears being passed long as apples !!. Still ..it's the headlines that count & as long as the street is happy who cares anyway(GG).

I'll check it out later .....

Stephen



To: Bill Fischofer who wrote (20976)4/20/1999 7:01:00 PM
From: 16yearcycle  Respond to of 74651
 
"Well, when you have 21+ billion dollars in cash on your balance sheet the interest on that money tends to be material even at money-market rates."

Hope you woke the crowd up. With a less than 5% return, they can earn 1 billion per year, or 250 per q. The 750 isn't yet sustainable, but will be soon.


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