Sorry, but IMO, MSFT's shareprice is dead and buried for the forseeable future. It will remain dead for a long time, IMO. Investors will forgive a lot of the DOJ nonsense and lawsuit circus. What they will not forgive is growth in single digits w/ a p/e of 50-60.
To have THIS on top of all the other problems, begs the question: what's the upside? Too many problems. Why stick w/ a wounded stock, when the market is so nervous?
I am a long-time MSFT shareholder. Out of a sense of sentimental fondness, I have not even traded MSFT for almost a year, and furthermore, I have not even done the obvious and shorted. Now, I'm very concerned. I am even thinking of selling after all these years. MSFT has been incredibly good to me, but this is becoming a real test for me. I think as a compromise I will continue to hold my old MSFT shares, but I'll start trading a batch in my trading account. On the short side, of course. Gotta make $ - I've had capital tied up here for some time. Either I cut it loose, or I have no choice but to trade to make some $. I have little faith that anytime in the forseeable future, being long MSFT will make me $.
A sad day for me, as a MSFT shareholder. The knives will now come out. MSFT is a wounded animal, and the hyenas that have been circling, are getting very bold - they are ready to start biting.
Morgan |
