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Goldman Sachs has put Microsoft back on its Americas Conviction Buy List of elite stocks, six months after taking the company off the list. Wrote Sarah Friar, Goldman analyst, in a note to clients this morning:
We believe there are several near-term catalysts to help drive the price of Microsoft's shares higher, beginning with its fiscal 1Q earnings report on October 25. We are expecting a strong quarter and revised our estimates higher a week ago, to reflect the positive impact from the aQuantive acquisition and out-performance in Halo 3. Other catalysts include the upcoming Windows Server 2008 launch, Christmas Xbox 360 sales, and a strong balance sheet for buybacks.
Microsoft shares rose 40 cents to about $30.44 as of 9:30 a.m. Pacific.
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I think taking a larger share of Facebook would be a good move. Facebook is preparing itself to be the platform of the web and this is exactly what MS needs. Also incorporating facebook services with outlook and hotmail could be extremely useful. Unfortunately, a complete buyout would put MS's name behind the service which could turn users away (as fickle as young people are) so, like the previous 250 million investment, it would need to be quiet."
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Our interactive timeline analyzes three decades of key documents to provide a scrolling snapshot of the issues at the center of Microsoft's consciousness across the years.
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· Report: Microsoft, Time Warner discuss AOL deal
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