If the new Windows 2000 operating system is so great, why is Microsofts stock sliding?
That’s a question on many analysts’ lips these days, as the software giant’s stock hovers around the $90 mark. After hitting a 52-week high in December, Microsoft shares have skidded this year in contrast to the gains from competitors such as Oracle and Apple. Although the exact cause of the slide is difficult to pin down, an impending judgment or settlement in the federal antitrust case is causing jitters, analysts said, while some concerns persist about the adoption rate of Windows 2000, the company’s new operating system for businesses. “The stock has gone nowhere for the past few months,” said Andrew Roskill, an analyst at Warburg Dillion Read, who nonetheless rates the stock a “buy.” Still, the slide comes amid a relatively glitch-free release of Windows 2000 on Feb. 15, and PC sales appear to be on track for the first quarter of this year–two factors that would logically support a continued rise for Redmond, Wash.-based Microsoft. The stock closed down $2.19 yesterday at $89.38,
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