Hartcourt Companies (fka HRCT)

[Investorman]

andi - I think you may have been led astray by a writer who did not know what he was talking about. MSFT was started in 1975 by Bill Gates and Paul Allen. By 1978 they had annual revenues exceeding $1 million. MSFT did not go public until March 1982 at an IPO price of $21 a share. Because it was not a public company until then there would have been no analyst evaluations prior to that time and it already had revenue of many millions annually when it went public. While their first operating system was for the Altair 8800, they had developed MS-DOS for IBM in 1981 which was before the company went public. They weren't working in a garage at that time.