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Politics : Formerly About Applied Materials
AMAT 230.47+0.8%9:39 AM EST

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To: SJS who wrote (32592)9/23/1999 8:35:00 PM
From: Proud_Infidel  Read Replies (1) of 70976
 
I tend to agree with this assessment only I believe it was a ploy to prevent competition from being in a strong position to do the acquiring.....20 or even 50 billion shaved from nearly half a billion does not matter much, whereas smaller companies which would like to use their stock as currency for acquisitions may not be able to do so since a sharp decline hurts them more than it will MSFT. This is especially true with many of the smaller startups(RHAT) which have yet to generate healthy cash flows. I honestly believe that Ballmer's comments were intended to stymie these companies and as such and it is this that makes the act nefarious IMO. Perhaps a ploy such as this could be forgiven if looked at in the vacuum of healthy competition. However, in this case, Ballmer screwed over his own stockholders and in my mind broke any trust I had in MSFT mgt.

If anyone wants to formally complain: nasdr.com

BK
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