SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Roger who wrote (30058)9/24/1999 2:55:00 PM
From: Jon Stept  Read Replies (3) | Respond to of 74651
 
Roger- re: This was strange...

I disagree. This was dangerous.

And the funny thing, people are worried about the stock price now, but the majority of damage from this will be the ignominy of shareholder disrespect.

Whenever anybody reads Microsoft's mission, which in part is to enhance shareholder value, the statement Ballmer made yesterday will forever and always undermine any attempt to cultivate trust in this mission. Whenever Microsoft says publicly it is working in the interest of shareholders, everybody will be able to say, no you are not, you are a company that disrespects shareholder and actively destroys shareholder value. Remember when...?

They will never, ever be able to hide from this.

All are suspicious and vigilant to corporate abuse that undermines shareholder value... we are paranoid. But the corporation can always say "prove it" and we are hard pressed to do so. And they hide behind that safe haven. So we have to establish a tenuous, fragile trust. That is a corporations ace-in-the hole.

Ballmer broke the bond of trust between shareholder and corporation, and as anybody knows about relationships, the detrimental effects last long, long, long past the immediacy of the action.

The seeds have been sown...

Just my opinion.

Jon :)



To: Roger who wrote (30058)9/24/1999 6:34:00 PM
From: t2  Read Replies (3) | Respond to of 74651
 
MSFT never states that its stock is undervalued-----i usually hear overvalued. Nothing new here.
If Ballmer or Gates say that MSFT stock is "fairly" valued, you can bet it is about to take off.

Their comments on their own stock along with the deferal of revenue to future quarters is a sign to me that the stock is really undervalued compared to other big cap techs. Only a company so confident about its business would try to make statements that could knock down the stock. I don't know of any other company that does this. Great reasons to own Microsoft.



To: Roger who wrote (30058)9/24/1999 9:44:00 PM
From: taxman  Read Replies (1) | Respond to of 74651
 
"a lot of shareholders are going to be inflamed by this"

well let them elect a new board and kick the guy out. in any event i've decided to hold onto my shares. what about you? are you selling?

regards