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Strategies & Market Trends : Galapagos Islands

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To: AugustWest who wrote (2402)	9/23/2002 6:42:08 PM
From: MulhollandDrive	Read Replies (1) of 57110

Message 18025476 interesting post by hawkmoon with some msft comments... also.. quote.bloomberg.com Microsoft Slides Microsoft fell $2.23 to $45.23. Steve Ballmer, chief executive officer of the largest software maker, said he sees no improvement in European demand for computer-related goods and services until the telecommunications and financial-services industries there recover, the Financial Times reported. Microsoft booked about a quarter of its sales outside the U.S. in the fiscal year ended in June. ``Europe is an important market for U.S. companies,'' said Thomas Angers, research director at Glenmede Trust Co., which manages $14 billion in Philadelphia. ``We're just trying to survive the current environment. Things should start looking better by the end of the year -- unless the economy goes into recession.''

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