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Technology Stocks : Microsoft Corp. - Moderated (MSFT)
MSFT 517.82-1.5%3:59 PM EDT

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To: Don Green who wrote (19751)2/5/2024 3:34:28 PM
From: Kirk ©   of 19789
 
I agree
It's important to note
  • Stock sales don't necessarily indicate negative sentiment towards a company. Gates remains involved with Microsoft and believes in its future.
  • The specific reasons for each sale can be complex and involve various factors.

I do the same thing... except at a much smaller scale.

I bought my first MSFT shares in 1993 after I was sent to WESCON in Vegas to scope out the competition and meet with a few customers before we would release our IrDA infrared link for laptops, printers and such to fill in before Bluetooth was expected to come down in price in the next decade.

Anyway, I saw how useful MSFT products were for my use as an HP engineer and even more useful as a project leader. That show helped convince me they would be useful to all the people who were not engineers but would buy all these personal computers coming down in price so regular people could afford them soon.

All the stock I have left in my taxable account has a cost basis of $2.42 and it also goes up faster than I take profits... Recently I sold all the shares I bought in my IRA and ROTH IRA, many bought in the $20s when it was out of favor before Nadel took over (as CEO... he was doing well there before that) to concentrate on a new growth market, as a way to diversify from one of my largest holdings.

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