Battle in the Clouds: Microsoft may need new leadership
By Tarry Singh at 18 January, 2009, 3:52 am
I have avoided MSFT for some time as (it’s) too expensive. If you do the math, owner’s earnings have been 2-4% even though revenues have grown since 1997 and the stock was very flat. However, since 2006, they have been buying back stock and Net Income has risen so that 2009 is forecasted to be ~$2.20. With the stock under $20/shr I began looking about for information and found that Ray Ozzie wants to remake MSFT into a start-up mode.
Ozzie looks like a man on a mission. The issue will be if Ballmer lets Ozzie have his way. Will Ballmer even be there? If I were a Board member I would be seriously concerned with Ballmer’s actions re: Yahoo. Offer $40Bill then back away with what appear to be immature negotiations.
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