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Strategies & Market Trends : ahhaha's ahs

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To: ahhaha who wrote (2293)	7/19/2001 6:31:15 PM
From: Elsewhere	Read Replies (1) of 24758

Some quarter in 2002 MSFT will show a $.02 loss. This will be due to slowing revenues and rapidly rising costs across all enterprises. Nearly there: quote.bloomberg.com 07/19 17:59 Microsoft Says 1st-Qtr Sales, Profit to Fall Short (Update1) By Dina Bass Redmond, Washington, July 19 (Bloomberg) -- Microsoft Corp. the biggest software maker, said sales and profit will fall short of forecasts for the current quarter because fewer customers are buying personal computers with its programs. The shares dropped 3.8 percent after the company said profit in the first quarter ending in September will be 39 cents or 40 cents a share on sales of $6 billion to $6.2 billion. Microsoft was expected to earn 45 cents on revenue of $6.27 billion, the average estimates in a First Call/Thomson Financial poll of analysts. ``PC demand around the world likely will be relatively soft in the first quarter,'' said Chief Financial Officer John Connors. Sales growth has slowed as PC demand drops and as Microsoft struggles to convince businesses that are cutting costs to upgrade to new software. ... [Q4 FY 00/01] Including the losses and the charge, net income was $66 million, or 1 cent a share. ...

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