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Technology Stocks : Discuss Year 2000 Issues

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To: Bill Ounce who wrote (5379)	4/21/1999 12:03:00 PM
From: Bill Ounce	Read Replies (1) of 9818

UsaToday: Microsoft shares fall on Y2K caution usatoday.com Microsoft shares fall on Y2K caution REDMOND, Wash. - Microsoft shares tumbled Wednesday after the software giant said companies may delay software purchases the rest of the year because of concerns about the Year 2000 computer bug. Microsoft's caution came late Tuesday when the company released its fiscal third-quarter earnings. Another technology bellwether, Sun Microsystems, issued a similar warning last week. Microsoft shares were down 2 3/16 at 80 15/16 in morning trading on the Nasdaq Stock Market. In its latest quarter Microsoft earned $1.92 billion, or 35 cents a share, compared to $1.34 billion, or 25 cents a share, a year earlier. The earnings results topped analysts' estimate

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