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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: ACAN who wrote (12516)10/4/2005 10:39:14 AM
From: Galirayo  Respond to of 23958
 
MarketWatch
Market Pulse: Microsoft down on concerns over competition from Google, Sun
Tuesday October 4, 10:11 am ET
By Tomi Kilgore

NEW YORK (MarketWatch) -- Shares of Microsoft fell 2.3% to $24.91, and was the biggest percentage loser among Dow industrials components, after Goldman Sachs suggested that Google may eventually offer a product that competes with Microsoft's Outlook product, and its Office product as well. Google and Sun Microsystems have scheduled a press conference for 1:30 p.m. Eastern time. Analyst Rick Sherlund is uncertain about what will be announced, but he feels the company's could easily build a version of Sun's StarOffice office productivity software that could be delivered over the Internet, just like Google's Gmail and instant messaging services. "StarOffice has not gained much traction, but with Google, maybe it could do better hosted on the Internet, mostly in the consumer market," Sherlund said. He added that given that Google already has GMail, "so why not an integrated calendar and contact manager, and why not just offer a more fully functional Office like product." Google was last down 18 cents at $318.50 and Sun Micro was up 7.2% at $4.49.