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


To: Jean M. Gauthier who wrote (21196)4/21/1999 4:30:00 PM
From: Shea Jones  Respond to of 74651
 
"Why did IBM do us a favor ?"

IBM just gave us the blow-out report we were hoping from MSFT. Should boost the whole sector. 1.55 a share versus 1.41 share consensus estimates. Of course, revenues "only" rose 15%, which we heard yesterday when MSFT announced, is now apparently considered "slow growth"!!

Shea



To: Jean M. Gauthier who wrote (21196)4/21/1999 4:30:00 PM
From: Teflon  Read Replies (1) | Respond to of 74651
 
They just blew away earnings estimates ($1.41/shr) with $1.55/shr. Unbelievable. They are stating that PC sales were better than forecasts.

Tomorrow is going to rock.

Like I said, the rotation happen early this Q. The Market is always trying to stay one step ahead...

Teflon