Subject: Re: Recent purchases
MSFT earnings will report earnings Wednesday after close. I suspect they will be good.


No reason to think the current trendline will be disrupted. Here are some numbers

                       TTM       
Revenue : $80.15B $304.33B
EPS : $3.84 $15.08

Projecting forward a year we might expect TTM Revenue of $340B and EPS of $17.00 / share. Multiples have ranged between 8x and 13x revenue and 27x to 37x EPS. Using some midpoints on those we might expect a share price in the $550 range by year end. Of course we might also get the lower range which would be right around $460 which would be a flat year. I would say 50/50 chance on either outcome...

tecmo
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