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Pastimes : Trading the markets.....

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To: William H Huebl who wrote (1962)	12/15/2000 11:16:20 AM
From: Mephisto	Read Replies (1) of 4583

How many do you need for the Christmas dinner? Egads! The old company leaders fade. MSFT's got bad earnings, and so did all the box makers. People have to get use to the shift to new leaders. Oracle had good earnings and so will Nokia!!!! Microsoft Poised for a Fall After Profit Warning NEW YORK (Reuters) - Shares of Microsoft Corp. (NasdaqNM:MSFT - news) werepoised for a beating on Friday after the world's No. 1 software maker forecast that its quarterly earnings would fall short of Wall Street expectations for the first time in its history as a publicly traded company. Microsoft last traded at $51-7/8 in pre-market Instinet trading, down from a close at$55-1/2 on Thursday. The shares reached as high as $119-15/16 in December 1999 and aslow as $48-7/16 two months ago. Late on Thursday, the maker of the Windows operating system said its second fiscal quarter earnings would be 46 to 47 cents a share, compared with the Wall Street consensus estimate of 49 cents as compiled by research firm First Call/Thomson Financial.

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