[linux-elitists] M$ Stock falls....

Don Marti dmarti@zgp.org
Mon Sep 27 11:20:19 PDT 1999


On Fri, Sep 24, 1999 at 03:11:37AM -0700, Deirdre Saoirse wrote:

> "The company's stock plunged $4.875, more than 5 percent, to $91.188 as
> the briefing unfolded today -- not because of Microsoft's announcements but
> because its president, Steven A. Ballmer, told a gathering of business
> journalists that he believed technology stocks were overvalued."
> 
> Wanna bet the board said to him, "Don't DO that!"

Ballmer has been flaming analysts to please mark his stock down
for a while now.  He apparently wants it to settle to a less
ridiculous level so that it doesn't plunge through the floor
like IBM's did in 1992.

-- 
Don Marti       | As for systems that are not like Unix, such as 
dmarti@zgp.org  | MSDOS, Windows, the Macintosh, VMS, and MVS, 
http://zgp.org/ | supporting them is usually so much work that it
whois DM683     | is better if you don't. -- Richard M. Stallman




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