Microsoft shares reach 6-month high

MSFT rose 1.5% to $27.79, the highest price seen since April 5. The stock, a component of the Dow industrials, has now gained 17% over the last 3 months. Goldman Sachs analyst Rick Sherlund reiterated his buy rating on the stock, saying he believes it is more likely that the software giant's release of its new Vista operating systems will be on time.

Sherlund said he believes the second test version of Vista will be ready to ship later this week or next, "implying that the product may be on time for November release-to-manufacturing and late-January retail launch." He also thinks Microsoft will soon launch its program of free upgrades for Vista, but believes it is still unclear whether the European Commission will hold up the release of Vista in Europe by requiring design changes.

News Source: Full Article @ Market Watch

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