Intel’s Andy Grove had a popular saying: Only the Paranoid Survive. It was the name of his book. Another big thinker, Clay Christensen, penned a popular management book called The Innovator’s Dilemma. Keep those two titles in mind as you read the following.
The VAR Guy opened today’s edition of Barron’s and shook his head in disagreement. The financial paper says Red Hat’s revenue will erode amid fierce competition from Oracle and the new Microsoft-Novell partnership.
The contretemps between The Business Press Maven and Barron's turned a bit ugly in recent days, even degenerating into a Barron's reporter putting a hex on Alex Rodriguez as I headed toward what I hoped to be his 500th home run. The hex, I'm sorry to report, worked.
That particular story about how Microsoft was still a growth stock was dated July 26, 2004. Between then and now, it bears mentioning, Microsoft's stock price has been stuck in the mud, barely budging in a market that has flown to the heavens.
But a horrid call, even made twice, is forgivable. What got me was that somewhere else in my steel trap of a mind was the memory of yet a third big bullish profile in Barron's by Savitz about how Microsoft was, uh -- hey, you're really catching on here -- still a growth stock! That was titled "Pointing Up," from a bit over a year ago, April 3, 2006.
The Business Press Maven has a couple of concerns here. These articles appear written from the same template, without enough new information to merit such repetition, especially this latest one.
Stop the presses! A company stated publicly that it was still relevant! It is overkill, boosterism. Microsoft has a public relations department that takes care of that; it does not need outside help.
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tells a lot about Microsoft's deliberate and deceitful use of bought analysts to praise the company and attack its opposition. "Be afraid," as they say. "Be very afraid". That's their strategy which revolves around FUD and intimidation. ⬆
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