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Microsoft (MSFT -0.9%) ticks lower following a downgrade to Hold from Argus; like plenty of...

Microsoft (MSFT -0.9%) ticks lower following a downgrade to Hold from Argus; like plenty of other firms, it's worried about slow Windows 8 adoption and poor Surface sales. Yesterday, Davenport cut its forecast for Dec. quarter Surface sales to a mere 700K.
Comments (4)
  • About tired of this tech (msft) might be time to move on
    4 Jan 2013, 10:59 AM Reply Like
  • what took you so long?
    4 Jan 2013, 11:01 AM Reply Like
  • "Argus" downgrade causes a near 1% decline in market value? Such BS! The astronomical pile of cash from Google, formerly held in reserve to fight anti-trust proceedings expected from and adverese finding from the FTC is now free to short Google's adversary's stock. Actually, this idiotic declaration to detract from Microsoft presents another stellar opportunity for investors to buy more for less.
    4 Jan 2013, 11:05 AM Reply Like
  • Dear Microsoft IR-Team,

     

    Microsoft’s shareholders are not buying your stock for the cash that the company holds. In fact, most consider your shares strongly undervalued and would like the company to make use of its cash in a value creative manner. Microsoft is paying 3.5% for dividends. This is post company taxes and significantly more than other companies pay these days for a loan considering the tax shield of debt. Microsoft has even the benefit of excess cash on its balance sheet, which returns next to nothing to the company and shareholders. You may or may not agree with my view that your stock could trade around 50 dollar in 2 to 3 years' time (if you happen to execute on your new products). In case you do, would it not be a brilliant idea to buyback stock for half of this price?

     

    Regards and happy new year.
    Arkeh
    4 Jan 2013, 11:06 AM Reply Like
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