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Software Support: Microsoft Extends Windows '98 Support Through June

Aired January 13, 2004 - 06:15   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


CAROL COSTELLO, CNN ANCHOR: Time for a little more 'Business Buzz' now. Microsoft says it is extending support for some of its popular software programs.
Carrie Lee has the details live from the Nasdaq market site.

What are they -- Carrie?

CARRIE LEE, CNN FINANCIAL NEWS CORRESPONDENT: Well, Carol, Windows is extending its support for Windows '98, Windows Second Edition '98, known as SE, and Windows Millennium Edition through June of 2004. June 30 is the last day. Free help for these programs was set to expire this Friday.

But part of the reason that is for the extension is that customers in developing countries weren't aware of that support -- that the program support was ending. So 20 percent of Windows-based computers still actually run on Windows '95 or Windows '98, according to technology research firm International Data Corp. Support for Windows '95 actually ended in 2001.

So basically they are extending this, Carol, trying to help out people who might not have been aware that support was supposed to end much sooner than this. So good news for those people who still use '98. Maybe they'll upgrade from now until the end of June.

COSTELLO: Hopefully so.

Quick look at the futures.

LEE: Things looking a bit positive this morning. We could see a little bit of a higher open. A very nice day yesterday for the Nasdaq, the Nasdaq hitting a new two-and-a-half year high. You can see up 25 points or thereabouts. The Dow, the S&P 500 also moving fractionally higher.

One stock to watch today, Oracle, the software giant. After the bell, the company's chief, Larry Ellison, says that now CFO Jeff Henry -- Henley, excuse me, is going to become chairman of the software giant. Oracle officials said the board voted to separate their responsibilities of chairman and chief executive. So Oracle in focus today -- Carol.

COSTELLO: All right. We'll check back with you in the next half hour. Carrie Lee live from the Nasdaq market site.

TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com





Through June>


Aired January 13, 2004 - 06:15   ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
CAROL COSTELLO, CNN ANCHOR: Time for a little more 'Business Buzz' now. Microsoft says it is extending support for some of its popular software programs.
Carrie Lee has the details live from the Nasdaq market site.

What are they -- Carrie?

CARRIE LEE, CNN FINANCIAL NEWS CORRESPONDENT: Well, Carol, Windows is extending its support for Windows '98, Windows Second Edition '98, known as SE, and Windows Millennium Edition through June of 2004. June 30 is the last day. Free help for these programs was set to expire this Friday.

But part of the reason that is for the extension is that customers in developing countries weren't aware of that support -- that the program support was ending. So 20 percent of Windows-based computers still actually run on Windows '95 or Windows '98, according to technology research firm International Data Corp. Support for Windows '95 actually ended in 2001.

So basically they are extending this, Carol, trying to help out people who might not have been aware that support was supposed to end much sooner than this. So good news for those people who still use '98. Maybe they'll upgrade from now until the end of June.

COSTELLO: Hopefully so.

Quick look at the futures.

LEE: Things looking a bit positive this morning. We could see a little bit of a higher open. A very nice day yesterday for the Nasdaq, the Nasdaq hitting a new two-and-a-half year high. You can see up 25 points or thereabouts. The Dow, the S&P 500 also moving fractionally higher.

One stock to watch today, Oracle, the software giant. After the bell, the company's chief, Larry Ellison, says that now CFO Jeff Henry -- Henley, excuse me, is going to become chairman of the software giant. Oracle officials said the board voted to separate their responsibilities of chairman and chief executive. So Oracle in focus today -- Carol.

COSTELLO: All right. We'll check back with you in the next half hour. Carrie Lee live from the Nasdaq market site.

TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com





Through June>