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

To: Andy Yamaguchi who wrote (21048)	4/20/1999 9:51:00 PM
From: Manzanillo	Respond to of 74651

Here is what is reported by Dow Jones tonight: <<The reported revenue doesn't include revenue of $400 million from sales of Microsoft Office 97; Microsoft has deferred that revenue to its fourth quarter, telling analysts that the deferral is related to its provision of a free upgrade to customers who bought Office 97 during the quarter. The company is giving Office 97 purchasers a free upgrade to Office 2000, which ships this quarter. The deferral of Office revenue is equivalent to four cents a share, but Microsoft said it realized investment gains of more than $350 million during the quarter, making up the discrepancy>>