Microsoft: The Teflon goliath

Article Abstract:

Microsoft Corp of Redmond, WA, has continued to post strong profits despite repeated warnings of slower sales and the antitrust suit by the Justice Dept. The software company announced a profit of $1.98 billion, or 73 cents per diluted share, in the 4th qtr 1998, up by 75% from $1.13 billion, or 42 cents per share, in the year-ago period. Most stock analysts still recommend a buy on the stock although is trading at 60 times earnings because they believe that the company will benefit from recent surge in sales of PCs and Internet use.

Financial analysis, Microsoft Corp.

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Ex-YBM lawyer testifies to OSC

Article Abstract:

Richard Rossman, a lawyer hired by YBM Magnex International Inc., testifies before the Ontario Securities Commission that he had concerns about illegal activities in the company.

Prepackaged software, Legal issues & crime, Computer software industry, Software industry, Cases, Brief Article, Ontario. Securities Commission, YBM Magnex International Inc., YBM, Rossman, Richard

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