Wired: Redmond Bleeds: MS Breakup?
Apr 24, 2000, 18:07 (2 Talkback[s])
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"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."