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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (4632)	4/21/1999 8:35:00 AM
From: Wally Mastroly	Respond to of 15132

Re: Microsoft earnings - Will Mr. Market be "disappointed"? Ordinarily good MSFT earnings last night might help todays tech market. cnnfn.com Of course they beat last quarter's number. As Brinker might say, MSFT is good at lowering expectations and then beating them. He said he takes their earnings guidance 'with a grain of salt'. - And now: "..as has become its habit, Microsoft sounded a cautionary note for the following quarter... this time: ".. continuing to express fears of a possible slowdown in growth because of Year 2000-related issues..." However, investors could focus on the last part of their statements: Next quarter earnings to rise, but following quarter to flatten out. If so, stock price could pull back? We shall see... Markets - Evening Update: thestreet.com