SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Andy Yamaguchi who wrote (21029)4/20/1999 8:16:00 PM
From: Jim Matsui  Respond to of 74651
 
Andy,
I took a look at the Microsoft Investor Relations website and do see the $720 million in investment income in their press release. So, you are correct on that number, but, their investment gain on sale of assets was around $350 million. It appears to me that MSFT made the remaining $370 million on interest for the quarter on their cash balance of around $20 billion which is not a one time occurrence which equates to around 7.5% annualized interest.
Jim