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


To: Stephen who wrote (20986)4/20/1999 6:36:00 PM
From: t2  Read Replies (3) | Respond to of 74651
 
Whew!! Rich Sherlund of Goldman Sachs just asked a question and at the end stated----Good Quarter.
During Maffei's answer on revenue in the balance of the year, he (Maffei) indicated his conservative guidance approach. IMHO Maffei is close to lying as you can get without being called one. We are going to see some big upside surprises in the following quarters. This guy is good . Looks like things are really rosy.
Now I am happy and relieved!!!




To: Stephen who wrote (20986)4/20/1999 6:40:00 PM
From: taxman  Respond to of 74651
 
"It could therefore be argued that MSFT missed earnings."

already built into the estimates was the fact that msft would have deferred revenue offset by investment income.

regards