How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 488.81

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To: sandeep who wrote (53673)	11/30/2000 4:23:02 PM
From: Harvey Allen	Read Replies (1) of 74651

Microsoft Drops on Concern About Consumer PC Sales Slowdown Consumer products make up 20 percent to 25 percent of Microsoft's revenue, and the company released a new version of its software for consumers in September. That product, Windows Millennium, could be hurt by any slowdown in consumer PC sales. ``As goes PC growth and sales, so goes Microsoft's success,'' said William Epifanio, an analyst at J.P. Morgan Securities. He said the problems could cause Microsoft to fall short of analyst expectations for its fiscal second quarter, which ends Dec. 31. No New Guidance Redmond, Washington-based Microsoft hasn't changed the guidance it gave on Oct. 18, when the company reported earnings for the September quarter and said it expected sales in the current period to rise by a percentage in the low teens. Spokeswoman Caroline Boren declined to comment on whether Microsoft is seeing the same problems as Gateway and whether that could harm consumer sales. quote.bloomberg.com

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