[Am-info] Microsoft shares fall 8%

[Erick Andrews]

This is interesting, in the popular press at least:

http://news.bbc.co.uk/2/hi/business/3213023.stm

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Shares in Microsoft, the world's biggest software maker, plunged 
8% on Friday. 

The drop came a day after Microsoft revealed third quarter profits
that met analysts' expectations but disappointed wider hopes of
recovery in USA Inc. 

Microsoft's stock has not fallen by such a big percentage in a single
day since 17 September 2001, the first day of trading after the attack
on the World Trade Centre. 

The fall, mirrored across the technology sector, was prompted by a 
mix of profit-taking and market fears that the wider economic 
picture did not justify recent rises in stock prices, analysts said. 

[more...]
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-- 
Erick Andrews