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

To: Sir Francis Drake who wrote (21173)	4/21/1999 2:12:00 PM
From: Roger	Read Replies (3) \| Respond to of 74651

Mark these words - these analysts who are "downgrading" MSFT today will be eating their words once the runup begins prior to Office 2000. I guess we can then post here again questioning the credibility of these very analysts - come on guys, what the heck are you talking about? If you think MSFT has not foreseen the lockdowns and taken contingency steps to address this suff, you are sadly mistaken. One thing I am sure of after having observed this company over the years - these are incredibly smart and efficient people working here - the best of the best. Can they make mistakes? Sure Example their lateness in addressing the Internet. Can they learn from their mistakes? Absolutely and they will move with lightning speed to address it.

To: Sir Francis Drake who wrote (21173)	4/21/1999 2:35:00 PM
From: Maverick	Read Replies (1) \| Respond to of 74651

there will be a anticipatory rally ahead of the June 10 Office 2K release MICROSOFT CORP. (MSFT) 83 1/8: The MSFT earnings report gave us a sense of deja vu after last week's Intel (INTC) report. As always, the company beat estimates, reporting Q3 EPS of $0.35 vs an estimate of $0.32. The whisper range was $0.34-0.35, so this report offered no significant surprises on the bottom line. As with Intel, however, revenue growth was unimpressive, at 14.8% year/year, which was the second slowest year/year growth rate this decade. Also as with Intel, Microsoft issued cautious statements about future revenues, saying that "we remain guarded about growth in 1999, given the likelihood that organizations will lock down their systems infrastructures due to year 2000 concerns." Bulls will note that MSFT is always cautious about future prospects, but it is notable that their caution appears justified this time around, as revenue growth is indeed slowing. Still, it is hard to get too down on Microsoft, as there are plenty of encouraging trends as well. Sales of the database platform, SQL Server 7.0, are off to a great start, up 50% year/year. And Microsoft can also look ahead to top line boosts from Office 2000, which will be available in June, and of course Windows 2000, which is scheduled for release sometime next year. These new offerings have the potential to boost MSFT revenue growth back into the 20-30% range next year. We could see some near term softness in MSFT stock -- it is trading down 1 1/8 to 82 on Instinet -- but don't look for it to last long, as there will probably be a anticipatory rally ahead of the June 10 Office 2000 release.

To: Sir Francis Drake who wrote (21173)	4/21/1999 2:35:00 PM
From: Richie	Respond to of 74651

Morgan, I couldn't agree with you more. Sorry if I sound a bit sensitive, that's because I am. MSFT has not had near the recovery as some of the other stocks. Your right, nothing has fundamentally changed and there is nothing exciting (barring a settlement) to move this thing up. I think we may have had a glimpse when it was down nearly 6 the day the Nasdaq was down 140.....so, hmmm....that's about a point down for every Nasdaq 23 points....it's a shame that philosophy is not working on the upside! RichieH