Morgan, in response to your most recent post, I first must apologize that it will be brief. This is not intended to indicate a limited interest on my behalf to address your (as usual) valid points. I simply feel that "The Raging Bull" article addressed most of the technical aspects of MSFT's recent maneuvers in a format that I cannot top. And I for one believe 100% in what the article had to say.
What's left, then, is my point that I have made before: BALLMER. Yes, it's just that simple. He's one of the top performing executives in the world when it comes to execution. The recent moves by MSFT could be taken as simply a broad based hedge bet as you suggest, but I disagree. If anything these moves reflect Ballmer's call to action to reshape this great company around its customers and the market, and the string of investments represent his determination to invest in markets and companies that Gates/MSFT historically would have stayed away from in order to make sure it happens. Ballmer's ascension to the Presidency has ensured my MSFT investment will stay put and may yet encourage me to add to my position.
Let's keep in mind, Morgan, that today, as we look towards the future, no business can offer any guarantees. Every action/investment that SUNW, GE, MSFT, IBM, etc. makes today in its business is always a hedge/bet on the future. That's the nature of the game. And if your willing to bet heavily on the future of DSL and the ability of the RBOCs to actually implement anything that requires initiative and execution (and I'm not talking about a new call waiting device!), then you are playing the same game I am but in a different sand box.
I have placed my bets, how about you?
Teflon |
