Linux Today: Linux News On Internet Time.
Search Linux Today
Linux News Sections:  Developer -  High Performance -  Infrastructure -  IT Management -  Security -  Storage -
Linux Today Navigation
LT Home
Contribute
Contribute
Link to Us
Linux Jobs


Top White Papers

More on LinuxToday


Wired: Redmond Bleeds: MS Breakup?

Apr 24, 2000, 18:07 (2 Talkback[s])

"Microsoft Corp. shares fell 16 percent Monday as several Wall Street analysts downgraded the stock and sources said U.S. authorities would call for the company to be broken in two...."

"Sources close to the government's antitrust suit against Microsoft said federal regulators favored splitting up the company along product lines, making it spin off its Office software business from its Windows operating system business. Office is a suite of word-processing, spreadsheet and presentation software running on the Windows software system."

"Several Wall Street analysts cut their earnings and revenue estimates for Microsoft after the company's chief financial officer guided investors to expect revenue growth of around 15 percent, down from prior forecasts above 20 percent."

"A Microsoft spokesman said the company will need additional time in its antitrust trial if the government proposes breaking up the company as a remedy."

Complete Story

Related Stories: