Seeking Alpha

Ballmer retiring within 12 months, Microsoft +8.1% premarket

  • Steve Ballmer will retire as Microsoft's (MSFT) CEO within 12 months.
  • Ballmer, a frequent target of criticism from Microsoft shareholders, particularly over his company's online and mobile shortcomings, had suggested in the past he would retire in the 2017-2018 timeframe.
Comments (32)
  • wigit5
    , contributor
    Comments (3976) | Send Message
     
    Holy crap
    23 Aug 2013, 09:07 AM Reply Like
  • wigit5
    , contributor
    Comments (3976) | Send Message
     
    If I was him I would also have his lawyer set up to sell 80% of his stock over th enext year I mean the bounce from naming a successor could be the proverbial straw that gets this stock to $40.
    23 Aug 2013, 09:13 AM Reply Like
  • silverscreen
    , contributor
    Comments (183) | Send Message
     
    Bill Gates back?
    23 Aug 2013, 09:08 AM Reply Like
  • NYCTEXASBANKER
    , contributor
    Comments (2029) | Send Message
     
    silverscreen

     

    BG back hope not, BG is great at tech, lousy in business.
    23 Aug 2013, 09:20 AM Reply Like
  • Island_Dweller
    , contributor
    Comments (367) | Send Message
     
    I knew it.
    23 Aug 2013, 09:12 AM Reply Like
  • sikkabooyah
    , contributor
    Comments (473) | Send Message
     
    Then why didn't you tell me about it YESTERDAY?
    23 Aug 2013, 09:21 AM Reply Like
  • Island_Dweller
    , contributor
    Comments (367) | Send Message
     
    Wasn't it obvious?

     

    - stagnant share price
    - aging CEO who missed huge growth opportunities
    - failed product launch with a sizable write down
    - activist fund taking a position
    - fragmented company
    - most recent quarter completely missed estimates

     

    In some of my previous comments I've mentioned my interest in the company stems from Ballmer stepping down.
    23 Aug 2013, 10:42 AM Reply Like
  • berbno1
    , contributor
    Comments (1242) | Send Message
     
    be curious how much insiders bought shares yesterday and sell this morning?
    23 Aug 2013, 09:12 AM Reply Like
  • kgerickson
    , contributor
    Comments (163) | Send Message
     
    Sell while you can.
    23 Aug 2013, 09:15 AM Reply Like
  • NYCTEXASBANKER
    , contributor
    Comments (2029) | Send Message
     
    wigit5

     

    it's the best news of the morning, and the market agrees up 8% on the early trading. My wife got her laptop with ws8, what a piece of $hit. I can see why it would be great for tablet but for laptop or desk top we have regressed.
    23 Aug 2013, 09:17 AM Reply Like
  • bd4uandu
    , contributor
    Comments (1814) | Send Message
     
    I heard Tim Cook might be looking for work. He might seem innovative at Mr Softy.
    23 Aug 2013, 09:18 AM Reply Like
  • Swisser998
    , contributor
    Comments (133) | Send Message
     
    Yeeee-ha!
    23 Aug 2013, 09:18 AM Reply Like
  • SoCalNative
    , contributor
    Comments (434) | Send Message
     
    Good riddance! This is long overdue.
    23 Aug 2013, 09:20 AM Reply Like
  • sikkabooyah
    , contributor
    Comments (473) | Send Message
     
    The pre-market surge in MSFT leads me to ask: Why 12 months? Why not 12 days or even 12 hours?

     

    How difficult can it be to replace a moribund nonentity?

     

    Do us all a favor, Steve. Make rapid retirement your life's achievement.
    23 Aug 2013, 09:21 AM Reply Like
  • JoeCraftsman
    , contributor
    Comments (15) | Send Message
     
    Wonder who is next?
    23 Aug 2013, 09:22 AM Reply Like
  • StayCool
    , contributor
    Comments (81) | Send Message
     
    I am hopeful that MSFT will NOT consider Meg Whitman as his replacement!!
    23 Aug 2013, 09:23 AM Reply Like
  • bd4uandu
    , contributor
    Comments (1814) | Send Message
     
    I think Carly is looking for work.
    23 Aug 2013, 09:28 AM Reply Like
  • pfifla1
    , contributor
    Comments (498) | Send Message
     
    Carly would be wonderful. she could carry on the trend of useless acquisitions and run MSFT into the ground! Carly! Carly!
    23 Aug 2013, 10:30 AM Reply Like
  • TFCAB
    , contributor
    Comments (1956) | Send Message
     
    you know Ballmer had a treasure trove of polaroids he took of Gates back in the day locked in a vault in an undisclosed location all these years.

     

    only explanation of how he rose to the top and survived all these years.
    23 Aug 2013, 09:26 AM Reply Like
  • june1234
    , contributor
    Comments (2548) | Send Message
     
    He rolled the dice with Vista through windows 8 and it came up craps
    23 Aug 2013, 09:58 AM Reply Like
  • Teutonic Knight
    , contributor
    Comments (2020) | Send Message
     
    Gee, only 57, isn't it a bit early?

     

    How about Musk to take it over?

     

    Cool?
    23 Aug 2013, 10:05 AM Reply Like
  • financeminister
    , contributor
    Comments (661) | Send Message
     
    Back in the old days,

     

    Bad health causes CEO to retire - stock sinks.

     

    In the new age of financial engineering and FED gimmicks.

     

    CEO will have dinner - stock shoots up
    Corporate raider tweets - stock shoots up.
    CEO announces retirement - stock shoots up.
    23 Aug 2013, 10:29 AM Reply Like
  • Alan1967
    , contributor
    Comments (236) | Send Message
     
    Ballmer gone - this is a long-term buy signal.
    23 Aug 2013, 10:29 AM Reply Like
  • 7footMoose
    , contributor
    Comments (2266) | Send Message
     
    Sell your MSFT soon. There is little a new CEO can do to quickly resuscitate the company, that will require most of a decade.
    23 Aug 2013, 10:32 AM Reply Like
  • Alan1967
    , contributor
    Comments (236) | Send Message
     
    Sell? No this is a buy signal! It will take a while to undo the mess Ballmer has created, but not a decade. Ballmer as CEO was always the dumbest guy in the room. Now MSFT will replace him with someone more capable.
    23 Aug 2013, 12:12 PM Reply Like
  • wigit5
    , contributor
    Comments (3976) | Send Message
     
    I am sellling this news then buying back later; finding a new CEO should take at least 4-8 months. I really doubt much good news will come out of MSFT until then... better entry points around $30 or below.
    23 Aug 2013, 12:15 PM Reply Like
  • NYCTEXASBANKER
    , contributor
    Comments (2029) | Send Message
     
    wigit5
    keep the stock sell the calls
    23 Aug 2013, 12:55 PM Reply Like
  • wigit5
    , contributor
    Comments (3976) | Send Message
     
    I dont have options trading available, not to mention I don't understand it still so I stay away.

     

    It's a hole in my investing style that I need to fill but just can't seem to find the time to get a solid understanding of it.
    23 Aug 2013, 01:02 PM Reply Like
  • NYCTEXASBANKER
    , contributor
    Comments (2029) | Send Message
     
    wigit5

     

    I've traded options so long (since 1963 thru a put and call dealer).
    I was very happy when the created the CBOE. I'll try to find a good book for you to read. Just the simple stuff. I know a lot of traders who went into the exotics and found the true value of zero.
    23 Aug 2013, 02:40 PM Reply Like
  • wigit5
    , contributor
    Comments (3976) | Send Message
     
    That is really nice, i've been saying for at least 6 months now I have to get into options. Investing is just a hobby of mine for now though; I certainly appreciate any books/names you can recommend to get educated though.
    23 Aug 2013, 02:42 PM Reply Like
  • june1234
    , contributor
    Comments (2548) | Send Message
     
    This is good for MS depending on who they get next. VZ spent months promoting its flagship 928 windows phone they introduced in Mid May. By mid August "flagship" was free. Bye Balmer
    23 Aug 2013, 10:32 AM Reply Like
  • 7footMoose
    , contributor
    Comments (2266) | Send Message
     
    You do not change a failed culture over night.
    23 Aug 2013, 02:17 PM Reply Like
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