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Technology Stocks : All About Sun Microsystems

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To: Alok Sinha who wrote (20179)9/23/1999 9:36:00 PM
From: Kashish King  Read Replies (3) of 64865
 
Ballmer's remarks were more than just irresponsible.

I don't see any point in criticizing Ballmer for the opinions they hold.

I take it you mean the opinions he holds and when you're speaking on behalf of a corporation you keep your personal opinion in your pocket. Moreover, when you're in the position of Steve Ballmer, commenting on the price of your stock is very bad form. That might explain why so many companies do not publicly comment on their current market valuations.

Guidance usually doesn't come out as our stock is too high, and so is everybody else's! That's not guidance. Those irresponsible remarks had predictable results from a person of Ballmer's corporate status.

Does Microsoft feel threatened by technology companies with financial resources? Does Red Hat get more attention with 6 to 8 billion in their wallet? Microsoft was the end beneficiary of those comments. They can take the hit, they want to throw cold water on the competition, and it worked.
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