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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: DiB who wrote (25099)12/14/2000 5:00:13 PM
From: DiB  Read Replies (2) | Respond to of 65232
 
MSFT: ``We believe, like many other technology companies, that the current weakness in worldwide economic conditions is resulting in a slowdown in PC sales, corporate IT spending, and consumer online services and advertising. Accordingly, we are adjusting our revenue and earnings expectations for the current quarter, and for the balance of the fiscal year,'' said John Connors, chief financial officer, Microsoft."

"slowdown in PC sales, corporate IT spending, consumer online services and advertising": the market already knows about all this. The likes of DELL, CPQ, GTW, YHOO, AOL, CMGI, etc... have been already adjusted.