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Microsoft tightens belts.(Company Financial Information)

By MULLIGAN, CHRISTY
Publication: Computer User
Date: Thursday, February 1 2001

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If anyone thought for a moment that Microsoft was immune to the downturn plaguing the tech market over the last several, months, the events of the past few weeks. should have dispelled any inkling that the behemoth could escape the current slowdown unscathed. The software giant gave the industry a hard-core dose of reality this month when it' issued its first profit warning since 1989. Microsoft announced that its second-quarter revenue and earnings would fall 5 to 6 percent shy of earlier estimates, a statement that was fores

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