(MSFT) - Get Report

was down 1.1% in preopen


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trading. Friday afternoon the software giant said it has not lowered its earnings forecast but it remains cautious about the U.S. economy. Microsoft's CFO, in an interview with


, declined to elaborate on the company's outlook but said its expectations haven't changed since its Jan. 18 conference call.

This morning, Microsoft announced a deal with Internet auctioneer


(EBAY) - Get Report

to develop e-commerce applications and expand their presence on the Web. eBay was up 0.7%.