[Am-info] You boys and girls are gonna love this one!
Fred A. Miller
fm@cupserv.org
Tue, 7 May 2002 09:44:48 -0400
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http://money.cnn.com/2002/04/12/pf/agenda_msft/index.htm
Revenue growth has slowed. Margins have narrowed. Until its fiscal 2000,
the company had never posted annual operating income gains in the single
digits. Now that's happened 2 years in a row.
While some of Microsoft's slide can be attributed to the recession, there
is clearly something more fundamental at work. The company averaged 30.5
percent annual sales growth and 37 percent annual earnings growth over th=
e
past decade, but many Wall Street analysts now predict growth no better
than the low to mid-teens for the foreseeable future.
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Fred A. Miller
Systems Administrator
Cornell Univ. Press Services
fm@cupserv.org, www.cupserv.org
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