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midastouch017

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midastouch017

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Thursday, 06/23/2005 5:35:51 AM

Thursday, June 23, 2005 5:35:51 AM

Post# of 165
5:25am 06/23/05
Goldman cuts revenue estimates for software group (BOBJ, BMC, CHKP, ORCL, MSFT, VRTS, SYMC) By Aude Lagorce
LONDON (MarketWatch) -- Goldman Sachs lowered its revenue estimate in the software group to reflect the currency impact of the stronger U.S. dollar. The broker said the currency's renewed strength implies a 1% to 3% reduction to reported revenue growth rates over the next year for most software vendors. Goldman said it has cut its revenue estimate by 1% to 2% for BMC Software, Inc. (BMC) , Microsoft Corp. (MSFT) , Oracle Corp. (ORCL) , Symantec Corp. (SYMC) and Veritas Software Corp. (VRTS) .


http://www.marketwatch.com/news/newsfinder/pulseone.asp?siteid=mktw&dist=nbs&guid={839D25EA-...

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