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Tech Industry

Short Take: Microsoft EPS view raised

Hambrecht & Quist raised its fiscal 1997 earnings estimate on Microsoft from $2.10 to $2.33 per share after the company reported higher fiscal second-quarter earnings, according to a Reuters report. Hambrecht forecast 1998 earnings of $2.70 per share, and maintains a long-term "buy" rating on the company.

Hambrecht & Quist raised its fiscal 1997 earnings estimate on Microsoft from $2.10 to $2.33 per share after the company reported higher fiscal second-quarter earnings, according to a Reuters report. Hambrecht forecast 1998 earnings of $2.70 per share, and maintains a long-term "buy" rating on the company.