Despite the highly publicized antitrust cases being brought against the software giant, its stock has been resilient.
The stock has risen more than 50 percent this year alone.
The run-up in Microsoft's stock has been a boon to chief executive Bill Gates, too. His net worth stands at more than $50 billion, making him the world's richest man.
Microsoft has warned that the rapid earnings growth that is propelling its stock could slow.
But many analysts remain bullish. Last week, for example, Goldman Sachs raised its 1998 earnings on Microsoft to $1.77 per share from $1.75 per share.
Today, Merrill Lynch analyst Jonathan Cohen reiterated his near-term "buy" rating on the software giant, according to Bloomberg.
Netscape shares retreated slightly on the day's news, dropping 0.5 to 26.25.