Article Abstract:
The letters IBM appear to taking on the meaning 'Instant Big Money.' Small software developer MicroStrategy's announcement of a deal with IBM's consulting arm caused its stock value to jump 41% to increase MicroStrategy's market value by $684.1 million. During the week of Aug 14, 2000, the stock values of software developer Kana Communications and Juno Online Services also surged after they both announced deals with IBM.
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Article Abstract:
Microsoft Corp's Money 2000 and Intuit Inc's Quicken 2000 personal finance software provide users investment advice. Unlike other business software, the advice these two latest versions of personal finance software packages offer is more tailored to the needs of individuals or businesses. Aside from having powerful planning tools, Money 2000 and Quicken 2000 automatically download transactions from bank or broker.
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Article Abstract:
Microsoft Corp has announced the possibility that it might fail to meet earnings and revenue forecasts by about 5% for both the December 2000 quarter and 12 months ending June 30, 2001. The software manufacturer cited the weak global economy, the drop in personal computer sales and soft corporate technology expenditure as reasons for the possible failure to meet the firm's financial targets.
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