Even though Microsoft unveiled its new Windows XP package to the world today, technology and communi...
Even though Microsoft unveiled its new Windows XP package to the world today, technology and communications stocks pushed the FTSE 100 down under the 5,100 level again as the economic slowdown continues to hit business prospects. Shares fell 81 points or 1.6% at 5086.6 by today's close after Cable & Wireless saw it position downgraded from underperform to neutral by Morgan Stanley and ECsoft Group, the IT consultancy, said it will have a full-year loss because of the dwindling demand for IT services. One of the few technology-related firms that has seen a positive climb in its share p...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes