11.13.08

Gemini version available ♊︎

Microsoft (MSFT) Sank to $18.74 Before Rebounding

Posted in Finance, Microsoft at 6:37 pm by Dr. Roy Schestowitz

THE stock market oscillated and turned around wildly today, but lost among the storm is the fact that Microsoft fell below $20 for the first time in ages. its shares fell as low as $18.74 (MSFT 1-day range: $18.74 – $21.25). For perspective, Microsoft’s 52-week high is $36.72, so its value halved despite massive buybacks.

MSFT stock

Like the Federal Reserve System, Microsoft does not tell the public the true (or full) story. it’s getting hard for Microsoft to maintain decent margins and the company is claimed (by some) to have been losing a fortune for years. Layoffs have already begun.

Share in other sites/networks: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Reddit
  • email

Decor ᶃ Gemini Space

Below is a Web proxy. We recommend getting a Gemini client/browser.

Black/white/grey bullet button This post is also available in Gemini over at this address (requires a Gemini client/browser to open).

Decor ✐ Cross-references

Black/white/grey bullet button Pages that cross-reference this one, if any exist, are listed below or will be listed below over time.

Decor ▢ Respond and Discuss

Black/white/grey bullet button If you liked this post, consider subscribing to the RSS feed or join us now at the IRC channels.

6 Comments

  1. aeshna23 said,

    November 13, 2008 at 8:23 pm

    Gravatar

    Let’s hope that Microsoft is not profitable and that it’s not in a position to fight. It’s a little hard for me to understand how a company that has such market dominance is losing money. It shows quite a incompetence of the Microsoft leadership if this is the case. And yes Bill Gates could have been incompetent at running a large company even if he was shrewd at starting a large company. They are different skills. In fact, Gates has a far better excuse than Ballmer has now.

  2. G. Michaels said,

    November 13, 2008 at 9:11 pm

    Gravatar

    Is this ‘aeshna23′ another twitter sockpuppet? Only Roy knows, since he has access to the Apache logs and IP addresses.

    Roy’s close collaborator just today was organizing another shill thread and referring to himself in the third person:

    http://slashdot.org/comments.pl?sid=1028845&cid=25755391

    More information on the disruption of Slashdot can be found here:

    http://slashdot.org/~SockDisclosure/journal/214377

    Note: writer of this comment adds absolutely nothing but stalking and personal attacks against readers, as documented here.

  3. Michael said,

    November 13, 2008 at 11:11 pm

    Gravatar

    MSFT (and NOVL) isn’t tracking really much different from the rest of the market … I wouldn’t want to have my money in anything right now. Things are looking pretty bad generally – there will be plenty of lay-offs everywhere in the next 6 months.

    GMichaels – I don’t think anyone cares? Slashdot has been gamed so much it is no longer worth reading. One more individual who pointlessly bothers hardly makes a difference. Cyber-stalking and slanderous accusations aren’t very appealing either.

  4. Linux said,

    November 14, 2008 at 2:31 am

    Gravatar

    Google has sank from 700 to 300 in a year. Nothing new ..

  5. Needs Sunlight said,

    November 14, 2008 at 3:35 am

    Gravatar

    @aeshna23: MS probably is not profitable. Gates bailed as CEO in 1998 when the company ran a loss. Enron-style record keeping has kept the investors in the dark since then.

    Regarding Ballmer, he’s never seemed qualified to be manager of anything let alone a high executive of a large company. His main qualification was having a college buddy that could hook him up with a cushy job.

    @Roy: can you just delete comments and accounts that yammer against Twitter? They’re just part of the “saturate” phase of the MS marketing tactic “saturate, diffuse and confuse”

  6. Roy Schestowitz said,

    November 14, 2008 at 3:43 am

    Gravatar

    Needs Sunlight,

    We never delete any comments, but I’d considered rubbing off portions of the comments that are off-topic personal attacks on readers.

DecorWhat Else is New


  1. Is Linus Trolling the GNU/Linux Community?

    This new video responds to what many sites have been provoked into amplifying



  2. Links 27/11/2021: Tux Paint 0.9.27 and SeaMonkey 1.1.19 in EasyOS

    Links for the day



  3. [Meme] Keeping Our Distance From Microsoft

    The OSI is the dagger, the Linux Foundation is the knife, and many others are the sword by which Microsoft tries to get into the very heart of GNU/Linux and extinguish the Free software movement



  4. Microsoft Edge Encourages Indebted Americans to Guilt-spend Just in Time for Christmas

    Guest post by Ryan, reprinted with permission



  5. IRC Proceedings: Friday, November 26, 2021

    IRC logs for Friday, November 26, 2021



  6. 38+ Years of GNU and 19+ Years of FSF Associate Membership

    “On November 25, 2002,” Wikipedia notes, “the FSF launched the FSF Associate Membership program for individuals.” As the above video points out, it all started almost 40 years ago.



  7. Gemini as a Platform for Gamers

    Contrary to what people often assume (or are led to assume), even without client-side scripting Gemini can accomplish a great deal; early adopters, many of whom are technical, test the limits of the very minimalistic (by design and intention) specification



  8. Improved Workflows: Achievement Unlocked

    Today we've completed a bunch of small projects that can make us more efficient (e.g. more Daily Links per day, more articles); the above video was recorded many hours ago to accompany the outline below



  9. Links 26/11/2021: New Complaint About Microsoft Competition Crimes in Europe, EuroLinux 8.5, GhostBSD 21.11.24, and Kiwi TCMS 10.5 Released

    Links for the day



  10. Links 26/11/2021: F35 Elections, Whonix 16.0.3.7, OSMC's November Refresh With Kodi 19.3

    Links for the day



  11. IRC Proceedings: Thursday, November 25, 2021

    IRC logs for Thursday, November 25, 2021



  12. IRC Proceedings: Wednesday, November 24, 2021

    IRC logs for Wednesday, November 24, 2021



  13. Links 25/11/2021: PHP 8.1.0 Released and Linux 5.15.5

    Links for the day



  14. IBM as Master of Hypocrisy

    Free software projects and Free software developers have long been humiliated by corporations of Western misogynists, falsely claiming that the Free software community isn’t inclusive enough (these are shameless projection tactics; as a matter of public record, the exact opposite is true) and even the eradication of supposedly offensive language isn’t something IBM takes seriously



  15. Links 25/11/2021: LibreOffice 7.2.3 and Mesa 21.2.6 Released

    Links for the day



  16. [Meme] So Desperate That Edge Cannot Even Exceed 4% That They Block Rival Web Browsers

    Linux/Android/Free Software/GNU (they go by very many names/brands) may continue to grow to the point where Windows is as irrelevant as Blackberry; this means that Microsoft’s grip on the Web too has slipped — to the point where Microsoft frantically uses 'bailout' money to hijack LinkedIn, GitHub, etc. (it also rebrands almost everything as "Azure" or clown to fake a perception of growth)



  17. Windows Vista Service Pack 11 (Vista 11) Has Failed to Curb the Growth of GNU/Linux

    Windows market share continues to decrease in spite of billions of dollars spent bribing the media for fake hype, especially in light of a new Windows Service Pack (SP), Vista SP 11



  18. Links 25/11/2021: Proton 6.3-8 and Linux Mint Compared to Ubuntu

    Links for the day



  19. 3.5 Years Later the 'Master' of Fedora is Still Microsoft and IBM Cannot Be Bothered to Alter Git Branch Names (Refuting or Ignoring Its Very Own Directive About Supposedly Racially-Insensitive Terms)

    Today we demonstrate the hypocrisy of IBM; years after telling us that we should shun the term "master" and repeatedly insisting it had a racist connotation at least 65 Fedora repositories, still controlled by Microsoft, still use "master"



  20. Changing the Arrangement While News is a Bit Slow(er)

    I've made it easier for myself to keep abreast of things like IRC channels and networks (incidentally, a day ago Freenode reopened to anonymous logins) and I've improved monitoring of the Web sites, Gemini capsule etc. (this video is unplanned and improvised)



  21. Links 24/11/2021: Alpine Linux 3.15 and Endless OS 4.0 Released

    Links for the day



  22. [Meme] Jimmy Zemlin Loves Microsoft

    It’s funny, isn’t it? Lying for a living and sucking up to the liars pays off; you get to plunder actual Linux users while leaving Linux morally and financially bankrupt



  23. Links 24/11/2021: PHP Foundation and Flatpak Criticisms

    Links for the day



  24. IRC Proceedings: Tuesday, November 23, 2021

    IRC logs for Tuesday, November 23, 2021



  25. Links 24/11/2021: Rust Crisis and Team UPC Still Faking 'Progress'

    Links for the day



  26. Links 23/11/2021: New GNU Parallel and Memories of David H. Adler (Perl, Raku)

    Links for the day



  27. In Light of Fast-Accelerating Deterioration -- Sometimes Weaponisation -- Getting Off the World Wide Web (to the Extent Feasible) Makes You Saner and Less Susceptible to Manipulation, Lies

    Almost no sites are speaking about it (probably because they have no presence on the Internet except on the Web), but it's time to motivate more people to get off the Web, for their own good and for society's sake...



  28. Black Friday SPAM on the World Wide Web: A Reminder That the Web is a Dying Platform, Languishing Due to Marketing and Misinformation

    The junk that overruns the Web this 'Black Friday' week (consumerism 'on steroids') is a good reminder that the Web isn't healthy for the mind anymore; it's mostly spying on people, trying to compel them to buy particular things or vote a certain way



  29. Microsoft-Led Misinformation Campaign About Germany and Munich Reminds Us That Microsoft Hates and Actively Undermines GNU/Linux Adoption

    Regarding the latest moves to GNU/Linux in Germany we have 3 points to make



  30. Links 23/11/2021: Libreboot 20211122, Deepin Linux 20.3, Amazon Linux 2022, and Mabox Linux 21.11 Released

    Links for the day


RSS 64x64RSS Feed: subscribe to the RSS feed for regular updates

Home iconSite Wiki: You can improve this site by helping the extension of the site's content

Home iconSite Home: Background about the site and some key features in the front page

Chat iconIRC Channel: Come and chat with us in real time

Recent Posts