Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: johnd who wrote (53293)	11/14/2000 12:57:28 PM
From: johnd	Respond to of 74651

Microsoft bullish on PC Software titan sees huge potential for PC growth, exploit Web technology November 14, 2000: 9:26 a.m. ET LONDON (CNNfn) - Microsoft Corp shrugged off concerns about the demise of personal computers, saying Tuesday the PC still has huge potential in Europe as the software titan transforms itself for the Internet age. The world's biggest software company "is still very bullish on the PC," Jean-Philippe Courtois, President of Microsoft Europe, Middle East and Africa, told CNNfn.com "The PC is reinventing itself in many forms" such as tablet PCs and hand-held computers. Microsoft, best known for its Windows operating system that runs most personal computers, is pushing its new product .NET as a way to enable users to swap data between devices. The technology will see computer users handle more work via the Internet rather than a single desk-top computer. "Only 45 percent of European small companies currently use personal computers, while the figure stands at 75 percent in the U.S.," Courtois said. "Microsoft sees a huge potential here." Shares of companies linked to the personal computer industry tumbled last Friday after Dell Computer (DELL: Research, Estimates) executives said they expect Dell's revenue growth in the coming year to slow to a more modest rate in future than its historic heady pace. Dell stock slumped 19 percent on Friday. Growth in industry-wide sales of personal computers in Europe remained at historic lows in the third quarter, according to figures from research firm Dataquest, a unit of the Gartner Group. It said shipments in the period rose 9.9 percent year-on-year to 8.1 million units, falling short of the long-term average growth rate around 15 percent, as businesses curbed large orders while the weak euro made PCs imported into Europe relatively expensive. stories Gates defends the PC in Comdex keynote speech - Nov. 13, 2000 sites Microsoft