Comments on: Microsoft CEO is Dumping MSFT http://techrights.org/2010/11/06/ballmer-quitting-his-company-share/ Free Software Sentry – watching and reporting maneuvers of those threatened by software freedom Tue, 03 Jan 2017 04:31:18 +0000 hourly 1 http://wordpress.org/?v=3.9.14 By: twitter http://techrights.org/2010/11/06/ballmer-quitting-his-company-share/comment-page-1/#comment-103678 Sun, 07 Nov 2010 03:30:17 +0000 http://techrights.org/?p=41524#comment-103678 Pump and dump! About six weeks ago, all the Microsoft booster channels were jammed with news of a 23% dividend increase. Even when “downgrading” the stock from $32 to $28, the analysts were pumping the value which was heading down to $20. Combine this with channel stuffing and revenue shifting to paint an unrealistically rosy quarterly report, and there’s a good case of stock fraud to investigate. What worked for Steve Ballmer won’t work for you and me.

Here is a more sober history of Microsoft’s meager stock dividend history. The company first offered an eight cent per share dividend in 2003, again when the stock price was headed to $20 instead of recovering from the 2000 crash. While other companies, like Apple and IBM, have come back, Microsoft has never matched its near $60 price. It’s no wonder the company has been branded the worst performing tech stock.

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