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  Merrill Lynch upbeat about Microsoft's Xbox Live plans in report 8/26/02
Time: 13:57 EST/18:57 GMT | News Source: News.com | Posted By: Byron Hinson

Analyst Christopher Shilakes reiterates intermediate-term "buy" and long-term "strong buy" ratings on Microsoft after hearing a presentation on Xbox Live, Microsoft's initiative to allow video game players to communicate with one another via voice over broadband-only networks. Shilakes expects "considerable interest" in the service from gamers, given that 100,000 signed up for a chance to be beta testers. Microsoft plans to expand Xbox sales into Mexico, Hong Kong, Taiwan, Singapore, Korea and New Zealand, Shilakes adds.
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