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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: RTev who wrote (24760)	6/23/1999 5:08:00 PM
From: William Hunt	Respond to of 74651

Thread ----some insight to OFFICE 2000 sales :Microsoft Corp. Dow Jones Newswires -- June 23, 1999 DJ Microsoft's Office 2000 Generates $8.8M Rev In 1st Week RESTON, Va. (Dow Jones)--Microsoft Corp.'s (MSFT) Office 2000 product generated $8.8 million revenue for the retail and mail order industry during its first week of sales, according to a point-of-sale research company. The business software, which costs between $499 and $999, began selling in stores June 10. In a press release Wednesday, PC Data said Microsoft's product accounted for 16.5% of total retail software industry revenue for the week ended June 12. Retailers offered discounts and rebates on other software products if purchased with Office 2000, accounting for $6.7 million in revenue for the industry, or 21.6% of total sales for the week. Office 2000's release therefore boosted retail software sales 26.9% for the week compared with the previous week. Overall, unit sales were virtually unchanged from the prior week, but revenue rose 28% due to the Office 2000 launch, PC Data said. Without Office 2000, revenue for the week would have declined from the preceding week. BEST WISHES BILL