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Microsoft Shares Tumble on Spending Concerns.(Brief article)

Publication: eWeek

Publication Date: 28-APR-06
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COPYRIGHT 2006 Ziff Davis Media Inc.

NEW YORK (Reuters)--Shares of Microsoft Corp. on Friday tumbled 11 percent, their biggest drop in more than five years, after the software giant said greater investment to take on rivals would hurt future earnings.

The move shocked Wall Street, which had been betting on growth from the company's biggest...

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