Rick Sherlund
Rick Sherlund
begin believe benefit cycles earnings increase late momentum office revenue stock upgrade windows
We believe there will be an increase in revenue and earnings momentum and a corresponding benefit to the stock as Windows Vista and Office 12 upgrade cycles begin late in the year.
agreements although bigger china corporate customers encourage encouraged enterprise help manage material microsoft might office opportunity reason sign software step
While not that material to the company, it is a step in the right direction. The bigger opportunity to Microsoft might be to encourage corporate customers in China to sign up for enterprise agreements to help better manage the implementation of new software such as Vista and Office 2007, although we see no reason to be encouraged at this stage.
attempts office successful twist
may be the twist that makes this more successful than other attempts to erode the (Microsoft) Office franchise.
advantage both calendar designed drive due expect features further generation half likely next office products release revenue second windows
We expect the release of Windows Vista and Office 12 to further drive revenue as both products are being designed to take advantage of collaborative features in the next generation of server products (SQL Server 2005, BizTalk Server 2006, and the 'Longhorn' or Vista Server likely due out in the second half of calendar 2007).
address conclude direction gotta microsoft step taking today understand
I see Microsoft today saying, 'We understand that. Here's our first step in that direction, and how we address it.' That's all I think you can conclude today, is they're taking their first steps. They've gotta do it.
bad believe news software
We do not believe all the bad news is out yet in the software sector.
appears business currently line management plans spoken tracking
We have spoken with management and there are currently no plans for an pre-announcement, as business appears to be tracking in line with expectations,
figure growth rate trying
I think the Street's trying to figure out what is the long-term growth rate here,
activity appears comment management status
Management will not comment on the status of the DOJ settlement discussions, but it appears to us that things may be heating up, ... There appears to be a flurry of activity on the settlement front, but no way of gauging probabilities.
cap combine company equal far ford general growth half market premier trading
Microsoft's market cap right now is $208 billion. If you were to combine Ford and General Motors market cap(s) . . . that would only equal half of (Microsoft's) market cap. Granted, (Microsoft) by far is the premier growth company in the world today. But again, it is trading at 60 times earnings,
features microsoft needs reside
Microsoft needs to show all the 'eye candy' features that reside in Vista.
basis favorable investors might news somewhat spin tangible
might put a somewhat more favorable spin on the news and give investors some more tangible basis for optimism.
actions civil concern gives leverage
We have over 100 civil actions already filed. There's concern that this gives them some leverage going forward.
benefit internet oracle presence provider
Oracle may benefit from its presence as an Internet infrastructure provider as its applications and databases become more Internet centric.