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 An investor who put $US100,000 into Microsoft stock 10 years ago would now have about $US69,000 worth

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RR Phantom

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An investor who put $US100,000 into Microsoft stock 10 years ago would now have about $US69,000 worth Vide
PostSubject: An investor who put $US100,000 into Microsoft stock 10 years ago would now have about $US69,000 worth   An investor who put $US100,000 into Microsoft stock 10 years ago would now have about $US69,000 worth Icon_minitimeThu May 26, 2011 5:35 am
Influential hedge fund manager David Einhorn has called for Microsoft chief executive Steve Ballmer to step down, saying the world's largest software company's long-time leader is stuck in the past.

Microsoft, which was the largest US company by market value in the late 1990s, has seen its stock stand still for the past 10 years as it failed to attack new internet and mobile computing markets, surrendering leadership of the tech sector to Apple.

Microsoft shares shot up 0.87 per cent in after-hours trading, the most of any Dow Jones Industrial Average component.

Many have been privately critical of Mr Ballmer, but Mr Einhorn's remarks are the most pointed yet from a high-profile investor.

Last year, the board docked Mr Ballmer some of his potential bonus for falling short in the mobile industry and new forms of computers.

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CovOps

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An investor who put $US100,000 into Microsoft stock 10 years ago would now have about $US69,000 worth Vide
PostSubject: Re: An investor who put $US100,000 into Microsoft stock 10 years ago would now have about $US69,000 worth   An investor who put $US100,000 into Microsoft stock 10 years ago would now have about $US69,000 worth Icon_minitimeThu May 26, 2011 6:17 am
So much for buy and hold...

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An investor who put $US100,000 into Microsoft stock 10 years ago would now have about $US69,000 worth

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