"Roy Schestowitz" <newsgroups@xxxxxxxxxxxxxxx> wrote in message
news:1548170.QF35QSsPBS@xxxxxxxxxxxxxxxxxx
>
> MSFT profits slid in the last quarter. Can't wait until the financial
> report
> of their next quarter comes out...
>
Perhaps the poster is omniscient or has unmentioned education in the
financial community, but he is going against the conventional wisdom:
"NEW YORK (AP) - Shares of Microsoft Corp. rose Tuesday after a Citigroup
analyst said he is more confident in the company's ability to post an upside
for its fiscal third quarter ended in March, thanks to the successful
launches of the Vista operating system, Office 2007 and SharePoint server
software.
In a Tuesday note to investors, Brent Thill raised his third-quarter
estimates to 47 cents in earnings per share on $14.1 billion in revenue. He
previously forecast income of 45 cents per share on revenue of $13.8
billion.
Microsoft previously offered profit guidance of 45 cents to 46 cents per
share on sales of $13.7 billion to $14 billion. On average, analysts polled
by Thomson Financial expect income of 46 cents per share on $13.9 million in
revenue.
Microsoft's shares added 71 cents, or 2.6 percent, to $28.58 in afternoon
trading on the Nasdaq Stock Market. In the past 52 weeks, the stock has
traded between $21.45 and $31.48."
The Plains Indians used to do a rain dance whenever they needed rain, which
was almost constantly. Now and again it actually rained and their wisdom
was confirmed. Let us see if the newshound here is equally lucky.
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