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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: sammaster who wrote (59411)	1/18/2001 4:29:42 PM
From: sammaster	Respond to of 436258

SEATTLE, Jan 18 (Reuters) - Software giant Microsoft Corp. MSFT said on Thursday its quarterly profits were virtually unchanged from a year ago, meeting lowered forecasts, and cautioned that it expected a tough road ahead amid slowing computer sales. Microsoft, which makes the Windows operating system found on most personal computers, said net profits for its fiscal second quarter, which ended Dec. 31, were $2.62 billion, or 47 cents a share, up slightly from the $2.44 billion, or 47 cents a share, a year earlier. Analysts had cut their forecasts for the quarter to an average 47 cents a share, according to research firm First Call/Thomson Financial, after the company issued a rare profit warning last month due to slowing PC sales and corporate technology buying. Before the announcement, Microsoft shares closed at $55-1/2 on Nasdaq, up $2-9/16, or 4.8 percent. The stock has tumbled from a high of $116-1/16 a year ago amid fears over its antitrust battle with the U.S. government and technology industry woes.