Microsoft Poised for (another) Knockout Quarter

[url]http://www.thestreet.com/_yahoo/newsanalysis/techsoftware/10413454.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA[/url]

<quote>
Microsoft Poised for a Knockout Quarter
04/24/08 - 07:42 AM EDT

After two bang-up earnings reports from Microsoft(MSFT) for fiscal 2008,
investors are looking for Microsoft to make it three for three when it
reports third-quarter earnings after the close of trading on Thursday.

The Redmond, Wash. company raised full-year revenue guidance by as much as
$1 billion in its last quarterly report on the strength of its first fiscal
half.

Jane Snorek, a portfolio manager at First American Funds, which holds
Microsoft shares, expects the software company to beat its own revenue
projections of $14.3 billion to $14.6 billion and report growth of 16%, for
a top line of $14.7 billion. "They're going to have at least a couple
hundred million upside," she predicted.

</quote>



** Posted from [url]http://www.teranews.com[/url] **