SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : How high will Microsoft fly?
MSFT 488.02+0.2%Dec 24 12:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Normandi who wrote (47601)7/12/2000 10:02:32 AM
From: alydar  Read Replies (2) of 74651
 
Weak Start for Windows 2000 May Hurt Microsoft Shares, WSJ Says


New York, July 12 (Bloomberg) -- The recent rally in Microsoft Corp.'s shares could be short-lived because of signs the company's Office 2000 software package has not been selling as well as expected, the Wall Street Journal reported in its ``Heard on the Street'' column. While the company wouldn't talk about Windows 2000 sales, analysts said businesses are now spending more on specialized Internet software than on big operating system platforms such as Windows 2000 -- a change that already hurt shares of software makers Computer Associates International Inc. and BMC International Corp. The future of Microsoft's shares will also depend on the success of its new Microsoft.NET product line of Internet-based software, the paper said.

Shares of Microsoft, the world's largest software maker, have regained 29 percent of their value since the government's antitrust suit drove them to 61 7/16 on May 26, their lowest level since Nov 20, 1998.

(WSJ 7/12 Interactive Edition)

Jul/12/2000 7:05 ET

For more stories from Bloomberg News, click here.

(C) Copyright 2000 Bloomberg L.P.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext