Credit Suisse First Boston believes Microsoft's reticence on Longhorn may suggest delays are in store. Longhorn continues to slip, says the broker, suggesting that management doesn't want investors to associate it too greatly with the company's growth. CSFB says if Longhorn, nominally due in 2006, slips to 2007 - which is what the smart money currently thinks - then Microsoft "becomes less interesting as part of an investment thesis" because of Linux.
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