Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Scumbria who wrote (104261)	4/12/2000 1:57:00 PM
From: Gopher Broke	Read Replies (2) of 1582625

From TSC: The spur for it all was bad news of a different sort for tech behemoth Microsoft. No, it didn't have anything to do with the company's continuing antitrust travails. Instead, Goldman Sachs analyst Rick Sherlund cut his revenue outlook for the March quarter. Citing "very sluggish" growth in PC sales from November through February, he cut his forecast for fiscal third-quarter revenue from $5.95 billion to $5.75 billion. That could cost Microsoft 2 cents a share in earnings, he said, although investment gains could offset that. But this is always a "sluggish" quarter and this one was supposedly better then most. What gives here?

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