SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : How high will Microsoft fly?
MSFT 496.920.0%Nov 7 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Thai Chung who wrote (29897)9/23/1999 4:53:00 PM
From: miraje  Read Replies (1) of 74651
 
I'd really like to know why Ballmer said what he did. Unless one believes that he's stupid and didn't realize the consequences of his statement, he must have had a motive. But what? Drive down the share price so MSFT can get fatter premiums selling put options? And did that massive put sale several weeks ago have anything to do with todays statement? What does this do to employee option benefits? And does the DOJ matter play into this?

I've been a MSFT shareholder since 1987 but if the CEO tells me that the company is overvalued, maybe I should sell my shares and reinvest in greener pastures. I don't mind riding through market fluctuations but I really resent having my portfolio jerked around by a CEO making inappropriate comments. If MSFT wants to preannounce the Q, positive or negative, that's fine, but someone in Ballmers position stating what he did in a public forum was just plain wrong.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext