MS stock

[quigleybc]

I heard that Microsoft Stock plunged big time today, or yesterday...

Anyone care to shed light on what happened?

I did a search, and didn't see a thread.

cheers.

 

[WildCowboy]

MSFT dropped about 11% after the market close last Thursday.

It was a combination of lower-than-expected earnings, lowered guidance for future earnings, and revealing plans to spend more in areas where they aren't yet dominant (no details given)...analysts aren't sure that the increased investments will pay off.

 

[quigleybc]

MSFT dropped about 11% after the market close last Thursday.

It was a combination of lower-than-expected earnings, lowered guidance for future earnings, and revealing plans to spend more in areas where they aren't yet dominant (no details given)...analysts aren't sure that the increased investments will pay off.

damn....someone lost a lot of moola......

Glad I don't have any stock in Microsoft.....

 

[WildCowboy]

damn....someone lost a lot of moola......

About $30 billion in market cap disappeared overnight...that's half of AAPL's entire market cap.

 

[Kwyjibo]

Whats funnier is that bill gates lost about $3 billion, the sad part is that like a drop in the hat for him ...

 

[dmw007]

Whats funnier is that bill gates lost about $3 billion, the sad part is that like a drop in the hat for him ...

Amazing. If I lost $3 billion dollars overnight I think that I would cry hysterically. .....Oh wait, I don't have that much money to begin with.

 

[atticus1178]

Amazing. If I lost $3 billion dollars overnight I think that I would cry hysterically. .....Oh wait, I don't have that much money to begin with.

If I lost 30 dollars I would cry hysterically......seriously.....I am a poor college student.

 

[WildCowboy]

Amazing. If I lost $3 billion dollars overnight I think that I would cry hysterically. .....Oh wait, I don't have that much money to begin with.

Yeah, poor guy...he's only got $24 billion in MSFT stock left.

I actually don't mind Bill getting wealthier anymore now that he's doing such great charity work. At this point, he's not ever going to be poor...it's just a matter of how rich does he become. And the more he makes, the more he'll put into philanthropy...

 

[dmw007]

If I lost 30 dollars I would cry hysterically......seriously.....I am a poor college student.

I would probably do the same. Heck, that is 30 less songs that I could download from the iTunes music store.

Yeah, poor guy...he's only got $24 billion in MSFT stock left.

Poor Bill Gates.... I would settle for half of that amount.

I actually don't mind Bill getting wealthier anymore now that he's doing such great charity work. At this point, he's not ever going to be poor...it's just a matter of how rich does he become. And the more he makes, the more he'll put into philanthropy...

No, I don't grudge him that either....I just don't like him for inventing Windows.