Whitney Tilson publishes an open letter from an anonymous hedge-fund manager, taking Microsoft...

|About: Microsoft Corporation (MSFT)|By:, SA News Editor

Whitney Tilson publishes an open letter from an anonymous hedge-fund manager, taking Microsoft (MSFT) to task for the company's underperforming stock, partly blaming it on the lack of "a well-defined and articulated capital allocation strategy." The letter calls on Microsoft to borrow heavily to buy back 20% of its outstanding shares, and to increase its annual dividend yield to 6%.