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Microsoft (MSFT +0.2%), up 17% YTD, is treading water ahead of today's FQ3 report. Windows and...

Microsoft (MSFT +0.2%), up 17% YTD, is treading water ahead of today's FQ3 report. Windows and Office sales will be closely by investors in PC-related names, given the mixed signals (I, II) provided lately about demand. Wells Fargo and Citi think better-than-expected PC sales will produce earnings upside, but the latter worries about negative Windows 8 datapoints emerging. Server & Tools is likely to be an area of strength.
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