Microsoft says Y2K will cause revenue slowdown

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Mr. Softy

{snip}

Microsoft Chief Financial Officer Greg Maffei said the company had ``a solid performance across all product lines'' in the quarter, but he urged caution going forward in part because of an expected slowdown in corporate spending because of concern of Year 2000 issues.

``We're beginning to see something of a drop in terms of a slowdown in projects,'' Maffei said in an interview. He said sales of the company's high-priced Windows NT Server software in particular were being affected by a Y2K-related spending ``lockdown'' by companies.

{snip}

-- Mike Lang (webflier@erols.com), April 20, 1999

Answers

Mr. Softy is a Wall St nickname for Microsoft.

-- Mike Lang (webflier@erols.com), April 20, 1999.

Well, the big boys are starting to feel the heat! I've posted a couple of articles from smaller software companies that are in the same boat, resulting in "cost saving measures", including lay-offs. Expect to see many more of these stories as the year counts down. <:)=

-- Sysman (y2kboard@yahoo.com), April 20, 1999.

Maybe their server slowdown current and definitely future is because Microsoft SUCKS -- and Linux is close to FREE. AND compliant. Ha! Ha! Beat that, Evil Empire.

(I only resented Microsoft until all their DELIBERATE bugs and crashes et al. designed to kill Netscape became so obvious and redundant. And we won't even get into that little multiple-reformatting-of-hard-drive requirement after the attempts to install a certain setup of IE4.)

PJ in TX

-- PJ Gaenir (fire@firedocs.com), April 21, 1999.


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