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Investors brush off concern over Microsoft sales dip
By Reuters
Posted on 20 Jul 2009 at 07:51
Despite rising hopes for Microsoft, some still sound a note of caution not to get ahead of a recovery that has not materialised.
"I would love to see higher revenues but I don't know if that's realistic," says Kim Caughey, senior analyst at Fort Pitt Capital Group, which holds Microsoft shares.
"I don't think their customers are expanding and thus need systems and processes to grow that. I want to see new [technology] projects starting up and I don't see that anywhere."
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