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Re: Ballmer Defends Spending; MSFT Drop Continues

  • Subject: Re: Ballmer Defends Spending; MSFT Drop Continues
  • From: "shanejoel" <sestes@xxxxxxxx>
  • Date: 2 Jun 2006 16:45:36 -0700
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I think I'll invest in Google instead.

http://www.sjoel.com

NoNamer wrote:
> Roy Schestowitz wrote:
>
> > Microsoft CEO Defends Company Investments
> >
> > ,----[ Quote ]
> > | He cited the Xbox game console as one, adding that even if Microsoft
> > | incurred $4 billion in losses before starting to see gains, that's
> > | still cheaper than buying an existing game company like Nintendo Co.
> > | outright.
> > |
> > | [...]
> > |
> > | Microsoft shares tumbled in April to a new 52-week low after the company
> > | said it planned to significantly beef up investments in many areas where
> > | it is not dominant. Analysts worried that while such investments may pay
> > | off in the long term, it could hurt more immediate financial results.
> > `----
> >
> >                 http://biz.yahoo.com/ap/060531/microsoft_ballmer.html?.v=4
> >
> > MSFT down another 2.16% yesterday. Sad. Very sad.
>
>
> Excellent! I can buy more stock for less money *and* reap hire
> dividends... all while knowning that the long term investments will pay
> off.
> 
> Keep up the great reporting!


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