Microsoft Slips on Analyst Comments
Updated from 9:16 a.m.
Microsoft
(MSFT) - Get Report
was down 1.8% in midmorning after
Salomon Smith Barney
analyst Richard Gardner fueled rumors that Microsoft
might warn on earnings, saying in a research note the company could miss the fourth-quarter consensus estimate of 42 cents a share a modest 1 or 2 cents.
On Saturday, the software giant said it failed to reach a deal with
AOL
(AOL)
on a pact to include AOL's Internet service with the next generation of the Wndows operating system, replacing an agreement that expired in January.
According to
Reuters
, weeks of talks recently failed over legal issues and disagreements on instant messaging and digital media. AOL was down 1.8%.
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