[BC] Vista : 'tempered revenue expectations'

Gary Glaenzer gglaenzer
Fri Feb 16 09:41:49 CST 2007


http://www.freerepublic.com/focus/f-news/1785950/posts


NEW YORK (Reuters) - U.S. stocks fell on Friday after Microsoft Corp.
tempered revenue expectations for the Vista computer operating system.
~ snip ~

Microsoft Chief Executive Steve Balmer said late on Thursday analysts'
revenue forecasts for Vista were "overly aggressive." Shares of Microsoft
were the top-weighted decliner on the Dow, S&P 500 and the Nasdaq 100.

"Microsoft can't catch a break. We're at 20 million shares in volume
already - that's not your grandmother trading," said Cummins Catherwood,
managing director at Rutherford, Brown & Catherwood in Philadelphia. "Those
hedge funds can't deal with disappointment. They can't afford to wait for
the impact to dissipate."

===================

oh, cry me a river over the disappointment of the poor, poor hedge fund
pimps





More information about the Broadcast mailing list