I've been muttering to myself about MSFT lately. Seems to be going nowhere....since July 8 purchase.
siliconinvestor.com
Not doubting it's gorillaness, but the velocity of return is not matching that of money placed elsewhere...and that's disturbing.
Then, this morning, I came across the following from the St. Pete Times Technology Section: (Sorry, I gotta type it in, can't raise it on the web)
Interview with Michael Dell: An excerpt....
Q: In your speeches, you talk about market capitalization for some of the new media and online companies versus traditional companies, Yahoo versus the New York Times, Schwab versus Merrill Lynch, eBay veruse Sotheby's, Steve Ballmer of Microsoft recently said tech stocks are absurdly overpriced. Do you agree?
A:.....The other thing to keep in mind is that a company like Microsoft has a tremendous incentive for their stock not to go up too quickly. Because if it (does), it's very hard for them to attract new people into the company, and it's also very hard for them to retain the people they've already attracted. Steve actually has a purpose behind his message, even though he might not be willing to actually say it.
Comments, anyone? |
