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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (29049)	3/11/1999 8:26:00 PM
From: Jeffrey D	Read Replies (1) \| Respond to of 70976

Sun:<<On another note, Oracle droped 20% after the bell and National Semi warned about PC sales trend.> Well, you present Oracle and National Semi and I will present MSFT. Here is what the CFO of MSFT had to say today about PC sales. For some reason, I choose to believe the MSFT guy. Jeff << Maffei said Microsoft was seeing an expected seasonal slowdown in revenues as computer manufacturers bring down inventories after a strong holiday season and preparing for the release of Intel Corp. (Nasdaq:INTC - news)'s new Pentium III processor. ''The business is fine,'' Maffei said. ''The revenue side is coming in just as we expected and we're quite happy with the progress of this quarter.'' He said that, despite some concerns about a potential market slowdown, Microsoft's business suggests that worldwide end-user demand remains ''very good.'' Maffei also said the company was on track to release Office 2000 for manufacturing by the end of the current quarter >>