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


To: taxman who wrote (21023)4/20/1999 7:53:00 PM
From: Andy Yamaguchi  Read Replies (2) | Respond to of 74651
 
MSFT is cooking the number using investment income. They sold 720Millions of holdings in order to meet and exceed the street's number. It looked like that they can exceed any street number by selling their investments in other companies,even their real earning is not good. But MSFT is not an investment firm, it is a high-tech growth company. If MSFT uses selling stocks to meet the street number, there is no way for them to keep their high stock price. The investment communities are looking for real REV and earning growth instead of cooking number. I am a hi-tech investor, but I am really disappointed with MSFT's book cooking.