Microsoft is moving away from some of these strategic media investments they had made in the '90s so they can focus their energies and resources on the Internet-based computing trends that are occurring right now and could potentially be harmful to their core business.
More Quotes from Brendan Barnicle:
The database business is a huge business, quite mature. That's where we need to see the growth, even though we look to the see the applications asset of the business.Brendan Barnicle
Most of the news in terms of earnings is out there, ... If they were to lower guidance dramatically or take a much more negative tone, that would be different, but I think in light of all they've got going on with PeopleSoft they're unlikely to do that.
Brendan Barnicle
Investors were thinking that these new products were going to return Microsoft to the same levels of growth and profitability as it had in its glory days.
Brendan Barnicle
This news could be enough to move the stock higher. People have been looking for reasons to buy Microsoft. It's still undervalued.
Brendan Barnicle
We are really seeing a change in the landscape of tech for the first time in five years.
Brendan Barnicle
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