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Goldman Cuts Microsoft from Investment List | |
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| Time: 13:48 EST/18:48 GMT | News Source: Business Week Online | Posted By: Todd Richardson | ||
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Goldman Sachs cut Microsoft from its Investment List. Analyst Rick Sherlund says it is difficult to show 20% absolute performance required by the Investment List unless there is real strength in corporate IT spending. He says investors had high expectations for an upside surprise, but expectations got ahead of fundamentals. | ||
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