Some Chicago White Sox analysts said they were

Some surveys chicago white sox analysts said baseball ticket retells they were concerned that Microsoftshowed weakness across all its business units, and questionedwhether the company's much-anticipated launch of a new Windowsoperating system could reignite growth later this year. "While there are market indications that PCs and serversare beginning to stabilize, we do not anticipate a snapback indemand, despite the Windows 7 October launch, until 2010," saidBarclays Capital analyst Israel Hernandez. "In addition to cyclical exposures, we also believe thatMicrosoft faces longer-term challenges such as geographic mixissues, pricing pressures on Windows from netbooks, andheightened competitive pressures which are likely to continueto weigh on margins," he wrote in a note to clients. Despite the sharp share drop, some investors were stilloptimistic about the longer term prospects of the Redmond,Washington-based company, whose operating systems power thevast majority of personal computers. "As the economy stabilizes, there will be more money spenton IT and Microsoft will be a beneficiary," said Andy Rutlin, aMicrosoft analyst for Thornburg Investment Management, whichhas built up its position in Microsoft in the past six months.

"The reason we own Microsoft is for the Windows 7 productupgrade cycle," said Rutlin, adding that Microsoft was hit bysome people shying away from purchasing new PCs until the newoperating system is released chicago white sox email . Rutlin doesn't plan on buying any more Microsoft becausethe stock is already among the top holdings in the ThornburgCore Growth Fund, but he suggested others "take an opportunitylike today to increase positions in the shares." WINDOWS ANNUAL SALES FALL In its fiscal fourth quarter ended in June, Microsoft'srevenue fell 17 percent to $13.1 billion, some $1 billionsmaller than analysts' average estimate baseball stuff . It was also thefirst-ever decline in annual sales of Windows cubs rooftop . [ID:nN23403957] The stock, which had risen 70 percent in the past fourmonths, fell as much as 10.76 percent on Friday before closingat $23.45, down 8.26 percent, on Nasdaq world baseball series . It was the biggestdrag on the Dow Jones industrial average .DJI and Nasdaqcomposite index .IXIC, which halted a 12-day rally and endeddown 0.39 percent. Microsoft trades at under 14 times forecast fiscal 2010earnings, according to Reuters Estimates.

In comparison, OracleCorp (ORCL.O) trades at a multiple of 15 and IBM (IBM.N) at11 chicago white sox ringtones . Kim Caughey, senior analyst at Fort Pitt Capital Group,said Microsoft is attractively priced for a business pick-up ascompanies start replacing PCs after holding off for years "Microsoft has a monopoly on the operating system baseball blog . I don'tthink there is anything in at least the next three years thatcan replace that monopoly," she said chicagowhitesox net email . Jefferies & Co analyst Katherine Egbert said the companyhad "dismal revenue" and a "somber June," but still raised herprice target to $29 from $28 and repeated her "buy" rating baseball ticket . "Microsoft reported very weak revenue in all segments forJune and an overall shift towards cost-conscious purchasing.But consumer PC and server sales flattened year-on-year,offering hope," she said.

Citigroup analyst Brent Thill said he was also disappointedby Microsoft's weak forecast for gross margins in fiscal 2010 jake peavy . Still, in a client note titled "Keep Your Eye On ThePrize," he repeated his "buy" rating, citing the potential forimprovements in 2010 when corporate demand is expected torebound and Windows 7 may help profit margins baseball stuff . (Reporting by Franklin Paul; Additional reporting by JimFinkle and Erin Kutz in Boston; Editing by Tiffany Wu andRichard Chang) Stocks cubs rooftop . WILMINGTON, Delaware (Reuters) - The leagues for U.S . professional football, baseball, basketball and hockey asked a federal judge on Friday to stop the state of Delaware from launching a single-game betting lottery, according to court documents. U.S.  |  SportsThe leagues' complaint said Delaware's recently enacted law allows head-to-head betting on all pro and amateur sports in violation of federal law.The NCAA, or National Collegiate Athletic Association, also joined the complaint.The leagues requested an expedited hearing on the matter, citing the state's intention to launch the betting operation in time for the start of the National Football League season on September 10.A 1992 federal law prohibits betting on sports, according to the complaint.