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Sat, Sep 08, 2001 - Page 24 News List

Investors agree US antitrust decision won't affect sales

BLOOMBERG , BOSTON, MASSACHUSETTS

Reddy said the company's planned release of Windows XP would help boost the shares.

Microsoft rose 2.9 percent yesterday after chief financial officer John Connors said the company hasn't changed its sales and profit forecasts for the fiscal year ending next June. The company said in July that it expects profit of US$1.91 to US$1.95 a share on sales of US$28.8 billion to US$29.6 billion. The forecast includes an 8 percent rise in operating income, Connors said.

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